Coming Back Stronger – Governing Finance in Switzerland
30 November 2020 | Online | By Invitation Monetary,
Roundtables | Tags:
Central Banks,
Financial Regulation,
Governing Finance,
Switzerland Finance impacts all aspects of our lives, from our economies to social cohesion to the ecological systems we depend on for our very survival. As a result, the implications of how we choose to govern finance are fundamental, and ultimately existential.
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Central Banks and Climate Change
Alexander Barkawi | 21 February 2020
Blog,
Monetary | Tags:
Central Banks,
Climate Change,
Credit Risk,
Governing Finance Central banks must supplement their risk processes to reflect climate risks. This is neither a conflict of objectives nor an overburdening of their mandate, but a fiduciary duty.
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A European Anti–Money Laundering Supervisor: From Vision to Legislation
Nicolas Véron and
Joshua Kirschenbaum | 10 February 2020
Blog,
Monetary | Tags:
AML,
Financial Supervision,
Governing Finance The European Union is moving toward implementing a policy to strengthen anti–money laundering (AML) supervision across its Single Market, namely enforcing requirements on banks and other firms to ensure they do not facilitate transactions involving proceeds from illegal activities. The European Commission, in charge of
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Should Monetary Policy Take Inequality and Climate Change into Account?
Patrick Honohan | 24 January 2020
Discussion Notes,
Monetary | Tags:
Climate Change,
Governing Finance,
Inequality Should central banks take more account of ethical issues, notably the impact of monetary policy actions on the distribution of income and wealth and on efforts to combat climate change, in the design and implementation of the wider monetary policy toolkit they have been using
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Legitimacy Challenges to Central Banks: Sketching a Way Forward
Peter Dietsch | 19 January 2020
Discussion Notes,
Monetary | Tags:
Central Banks,
Governing Finance Delegation to independent agencies (IAs) can reap real benefits for policy making. In the case of monetary policy, it shores up the credibility of the central bank. However, it is generally accepted that the discretion of IAs needs to be constrained to ensure their legitimacy.
This
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