In a letter released ahead of the February 28-29 G20 Finance Ministers and Central Bank Governors meeting, Financial Stability Board (FSB) Chair Klaas Knot expressed concerns over the challenges in maintaining global financial stability. Despite modest economic growth and indications of easing financial conditions, Knot's outlook remains tumultuous.

The Reserve Bank of Australia (RBA) has announced the appointment of Susan Woods as its Chief Operating Officer (COO). Woods will relinquish her current role as Assistant Governor of RBA’s Corporate Services to assume the newly created COO position.

After almost two decades of considerable earnings, the European Central Bank (ECB) has announced that its audited financial statements for 2023 reflect a loss of €1,266 million. This may be the beginning of a downward trend, as the ECB predicts further losses in the coming years.

Layah Heilpern, a prominent figure in the cryptocurrency community and host of The Layah Heilpern Show, stated her belief that Nigeria's prohibition on cryptocurrency will not impede the rising popularity of digital currencies in the African nation. Nigerians have increasingly turned to crypto as a means to protect their money from severe inflation.

A consortium of European central banking institutions has initiated a program funded by the European Union (EU) aimed at enhancing the macroeconomic and financial stability of African nations. This novel initiative represents a multilateral effort to encourage regional cooperation.

The Federal Reserve Board has disclosed the hypothetical scenarios for its annual stress test. These scenarios are designed to enable the board to investigate various elevated and extended recession risks through an exploratory analysis.

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has announced sanctions against a procurement network accused of illegally exporting goods and technology from U.S. companies to Iran. The Central Bank of Iran (CBI) is listed among the end users of these products.

In the wake of Russia's invasion of Ukraine in 2022, assets belonging to the Central Bank of Russia (CBR) held by European Union (EU) financial institutions were effectively "immobilized." However, a recent decision and regulation approved by the European Council have clarified the obligations of Central Securities Depositories (CSDs) that are currently holding CBR assets and reserves.

The Federal Reserve Bank of New York’s Center for Microeconomic Data's January 2024 Survey of Consumer Expectations indicates an improvement in household perceptions and expectations regarding their financial conditions and credit availability. However, inflation expectations remained static at the short- and longer-term horizons, with a slight decline at the medium-term horizon.

The Financial Stability Board (FSB) recently reported that its Regional Consultative Group for the Middle East and North Africa (RCG MENA) convened in Riyadh to discuss global and regional financial stability vulnerabilities. This marked the first in-person meeting for the group since the onset of the COVID pandemic.

The Central Bank of The Bahamas has announced its intention to expand outreach efforts and continue the development and beta-testing of new features for its digital currency, the SandDollar. This follows several initiatives launched over the holiday season to promote the digital currency.

Austin Campbell, the founder and managing partner of Zero Knowledge Consulting, a firm specializing in data processing systems design, advocates for the implementation of blockchain technology in traditional banking systems. According to Campbell, such an integration would enhance the detection and apprehension of financial criminals. In a post on X, he emphasized that the transparency inherent in blockchain facilitates easier tracking of criminals attempting to use cryptocurrency.

The European Central Bank (ECB) has revealed plans to intensify its climate change initiatives in 2024 and 2025. The bank has pinpointed three key areas for focus: the impact and risks associated with transitioning to a green economy, the escalating physical impacts of climate change, and the economic and financial system risks presented by nature loss and degradation.