World Bank
Central Bank of Kuwait revamps bank governance rules
New rules make improvements to regulations in light of global financial crisis and recent issuances from Basel Committee and Financial Stability Board; effective date set for next year
Euroclear announces new chairman
Marc Antoine Autheman elected to take over as chairman from January 1, 2013; becomes deputy president in the meantime
Reserve managers warned on risks of extending maturities
Central banks that are finding it harder to secure real returns from their liquid asset holdings should beware of market risks if they extend the duration of their holdings says NALM panellist
Chinese government hampering financial industry, World Bank warns
New World Bank report sees flaws in China's regulatory system
Zoellick to leave World Bank in June
World Bank president Robert Zoellick announces decision to step down this year; IMF’s Lagarde says he has served the international community with “great distinction”
Estonia close to deciding on next governor appointment
Supervisory board nominates Ardo Hansson to take over from Andres Lipstok; Estonian president must now clear appointment