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The Central Bank of the Republic of Turkey
The monetary policy committee (MPC) of Turkey’s central bank held rates, in spite of rising inflation, in the first meeting since the country’s president dismissed the previous governor.
The seven-member MPC...
News Release 2021-46 | April 15, 2021
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WASHINGTON—Deputy Comptroller for Market Risk Policy Kevin Walsh today testified during a hearing before the U.S. House Financial Services Subcommittee on Investor Protection,...
The Federal Reserve Bank of Richmond
A working paper published by the Richmond Fed has rejected key features of “modern monetary theory”,
Michael Krause, Thomas Lubik and Karl Rhodes argue that MMT “provides only an untested set of statements...
The Banker Portfolio...
The Central Bank of Syria
Syria’s dictatorial president Bashar al-Assad has dismissed the country’s central bank governor Hazem Younes Karfoul, the state news service announced on April 13.
Syria’s currency fell sharply against the dollar on unofficial markets in...
Central Bank of Madagascar
International Monetary Fund staff have expressed concerns about the central bank of Madagascar’s purchases of unrefined gold from local producers.
In a report issued on April 9, the IMF said that the programme, which the...
The Banker Portfolio...
News Release 2021-44 | April 13, 2021
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WASHINGTON—The Office of the Comptroller of the Currency (OCC) today designated Brad Biedermann, Kimberly Cahill, James Calhoun, and Roberta Caruso as Senior National...
Banking News
Agencies Issue Statement and Request for Information on Bank Secrecy Act/Anti-Money Laundering Compliance
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News Release 2021-43 | April 9, 2021
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Joint Release
Board of Governors of the Federal Reserve SystemFederal Deposit Insurance CorporationFinancial Crimes Enforcement NetworkNational Credit Union AdministrationOffice of the Comptroller of the Currency
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