Central banks

ECB publishes indicative calendars for the Eurosystem’s regular tender operations and reserve maintenance periods in 2022

Retrieved on: 
Sunday, July 25, 2021
Central banks, Financial services, Units of time, Banking, Monetary policy, Monetary reform, Open market operation, Calendar, European Central Bank, Annual calendar

23 July 2021

Key Points: 
  • 23 July 2021

    The European Central Bank (ECB) today published the indicative calendars for the Eurosystems regular tender operations and reserve maintenance periods in 2022.

  • The indicative calendar for the Eurosystems regular tender operations includes only main refinancing operations (MROs) and three-month longer-term refinancing operations (LTROs).
  • The indicative calendar for the Eurosystems reserve maintenance periods takes into account the calendar for Governing Council meetings in 2022, as well as the calendar for regular tender operations.
  • Indicative calendar for reserve maintenance periods in 2022 (including maintenance period 8 of 2021):

Eurosystem launches digital euro project

Retrieved on: 
Saturday, July 17, 2021
Organizations, European Union, Central banks, Eurozone, European Central Bank, European System of Central Banks, Euro, Christine Lagarde

14 July 2021

Key Points: 
  • 14 July 2021

    The Governing Council of the European Central Bank (ECB) has decided today to launch the investigation phase of a digital euro project.

  • All of this has led us to decide to move up a gear and start the digital euro project, says ECB President Christine Lagarde.
  • This will not prejudge any future decision on the possible issuance of a digital euro, which will come only later.
  • Experiments were conducted in the four following areas: the digital euro ledger; privacy and anti-money laundering; limits on digital euro in circulation; end-user access while not connected to the internet and facilitating inclusiveness with appropriate devices.

Highlights - Monetary Dialogue with the ECB President, Christine Lagarde - Committee on Economic and Monetary Affairs

Retrieved on: 
Thursday, June 17, 2021
Central banks, Eurogroup, Businesspeople, European Union, European Central Bank, President of the European Central Bank, Christine Lagarde, Monetary policy, Eurozone, Quantitative easing

Monetary Dialogue with the ECB President, Christine Lagarde

Key Points: 
  • Monetary Dialogue with the ECB President, Christine Lagarde
    Monetary Dialogue with the ECB President, Christine Lagarde
    On 21 June, 16:15 18:15, the ECON Committee will have an exchange of views with the ECB President for the second time this year.
  • In particular, Members of ECON will debate three topics with President Christine Lagarde: 1/ effects of the negative interest rate policy, 2/ spillovers from US fiscal and monetary policies, 3/ the review of the ECB's monetary policy strategy and its forthcoming outcome.

Mark Carney and Roger Ferguson Added to Washington Speakers Bureau Exclusive Speaker Roster: Available for Immediate Bookings

Retrieved on: 
Wednesday, June 9, 2021
Group of Thirty, Radio stations, Central banks, Bankers, Carney, WSB, Roger W. Ferguson Jr., Teachers Insurance and Annuity Association of America, Ferguson, Alexandria, Virginia

ALEXANDRIA, Va., June 9, 2021 /PRNewswire/ --It is with great pleasure that the Washington Speakers Bureau announces two new exclusive speakers: UN Special Envoy on Climate Action and Finance, Mark Carney and former President and CEO of TIAA (2008-2021), Roger Ferguson .

Key Points: 
  • ALEXANDRIA, Va., June 9, 2021 /PRNewswire/ --It is with great pleasure that the Washington Speakers Bureau announces two new exclusive speakers: UN Special Envoy on Climate Action and Finance, Mark Carney and former President and CEO of TIAA (2008-2021), Roger Ferguson .
  • "Bringing individuals with the levels of expertise and experience that Mark Carney and Roger Ferguson have to the WSB family, enabling them to share their knowledge and insights with the world is a great privilege.
  • Mark Carney - an economist and former banker - has spent his career in various financial roles in both the public and private sectors.
  • At Washington Speakers Bureau (WSB), we believe in the power of the shared idea.

ECB appoints Irene Heemskerk as head of its climate change centre

Retrieved on: 
Saturday, May 1, 2021
Central banks, European Union, Businesspeople, Christine Lagarde, European Central Bank, Climate change, Lagarde

30 April 2021

Key Points: 
  • 30 April 2021

    The Executive Board of the European Central Bank (ECB) has appointed Irene Heemskerk as head of the ECBs climate change centre as of 15 June 2021.

  • The climate change centre will focus the ECBs efforts to address climate change, said ECB President Christine Lagarde.
  • Irene Heemskerk brings the experience, knowledge and enthusiasm required to lead the climate change centres work and to strengthen the ECBs role in the fight against climate change within its mandate.
  • As head of the climate change centre, Ms Heemskerk will report to President Lagarde.

Focus on the future of banking supervision in a changing world - International banking supervisory community meet virtually

Retrieved on: 
Thursday, October 22, 2020
Financial regulation, International finance institutions, Economy, Finance, Articles, Central banks, Bank regulation, Basel Committee on Banking Supervision, Committees, BCBS, Bank, Prudential regulation

Delegates discussed a wide range of issues related to the future of banking supervision in a changing world.

Key Points: 
  • Delegates discussed a wide range of issues related to the future of banking supervision in a changing world.
  • The discussions covered the digitalization of finance and the evolution of banking models, operational resilience, climate-related financial risks and remote working arrangements.
  • The conference promotes the discussion of key supervisory issues and fosters the continuing cooperation in the oversight of international banking.
  • The Basel Committee on Banking Supervision (BCBS) is the primary global standard setter for the prudential regulation of banks and provides a forum for cooperation on banking supervisory matters.

Christine Lagarde: Remarks at the Annual Meeting of the Council of Governors of the Arab Central Banks and Monetary Authorities

Retrieved on: 
Monday, September 14, 2020
Central banks, Financial services, Banking, Christine Lagarde, Eurozone, European Central Bank

SPEECHRemarks at the Annual Meeting of the Council of Governors of the Arab Central Banks and Monetary AuthoritiesContribution by Christine Lagarde, President of the ECB, during the session “Economic, financial and monetary impact of COVID-19 pandemic, and post-crisis options for policies and tools”

Key Points: 


SPEECH

Remarks at the Annual Meeting of the Council of Governors of the Arab Central Banks and Monetary Authorities

    Contribution by Christine Lagarde, President of the ECB, during the session “Economic, financial and monetary impact of COVID-19 pandemic, and post-crisis options for policies and tools”

    Christine Lagarde: Remarks at the Annual Meeting of the Council of Governors of the Arab Central Banks and Monetary Authorities

    Retrieved on: 
    Monday, September 14, 2020
    Central banks, Financial services, Banking, Christine Lagarde, Eurozone, European Central Bank

    SPEECHRemarks at the Annual Meeting of the Council of Governors of the Arab Central Banks and Monetary AuthoritiesContribution by Christine Lagarde, President of the ECB, during the session “Economic, financial and monetary impact of COVID-19 pandemic, and post-crisis options for policies and tools”

    Key Points: 


    SPEECH

    Remarks at the Annual Meeting of the Council of Governors of the Arab Central Banks and Monetary Authorities

      Contribution by Christine Lagarde, President of the ECB, during the session “Economic, financial and monetary impact of COVID-19 pandemic, and post-crisis options for policies and tools”

      Pandemic increases risks to financial stability

      Retrieved on: 
      Wednesday, May 27, 2020
      Economy, Money, Articles, Banking, Financial markets, Eurozone, Central banks, Finance, Financial stability, European Central Bank, Pandemic, Financial system

      PRESS RELEASE

      Key Points: 
      • PRESS RELEASE

        Pandemic increases risks to financial stability

        26 May 2020

        Despite the immense social and economic disruption in the wake of the coronavirus (COVID-19) pandemic, decisive policy responses have helped to prevent a seizing-up of the financial system.

      • However, even as infection rates fall in many countries, the impact on the economy and markets has unearthed and increased existing vulnerabilities for euro area financial stability, according to the May 2020 Financial Stability Review (FSR) of the European Central Bank (ECB).
      • Financial stability risks could arise as these vulnerabilities, identified in earlier issues, interact with the pandemic.
      • As the virus spread globally in late February, financial markets saw dramatic falls in asset prices, sharp increases in volatility, illiquidity in some core markets and a general tightening of financial conditions.

      Pandemic increases risks to financial stability

      Retrieved on: 
      Wednesday, May 27, 2020
      Economy, Money, Articles, Banking, Financial markets, Eurozone, Central banks, Finance, Financial stability, European Central Bank, Pandemic, Financial system

      PRESS RELEASE

      Key Points: 
      • PRESS RELEASE

        Pandemic increases risks to financial stability

        26 May 2020

        Despite the immense social and economic disruption in the wake of the coronavirus (COVID-19) pandemic, decisive policy responses have helped to prevent a seizing-up of the financial system.

      • However, even as infection rates fall in many countries, the impact on the economy and markets has unearthed and increased existing vulnerabilities for euro area financial stability, according to the May 2020 Financial Stability Review (FSR) of the European Central Bank (ECB).
      • Financial stability risks could arise as these vulnerabilities, identified in earlier issues, interact with the pandemic.
      • As the virus spread globally in late February, financial markets saw dramatic falls in asset prices, sharp increases in volatility, illiquidity in some core markets and a general tightening of financial conditions.