Opinion/Regulation
A new general approach to capital adequacy?
ARTICLE - The Centre for the Study of Financial Innovation on Tuesday released a proposal aimed at replacing the Basel committee's new capital adequacy proposal. CentralBankNet attended the press conference.
The SEC's new start
ARTICLE - To paraphrase Winston Churchill, Harvey Pitt did the honourable thing this week. But only after he had exhausted every possible alternative.
Last chance for the single financial market
ARTICLE - Tuesday's European Union finance ministers' meeting is a test of their seriousness about creating a single European financial market. They have a choice. If they are wise, they will build an EU system of financial regulation that draws strength…
Talk of banks 'capturing' Basle II wide of mark
LETTER - Letter published in the Financial Times, UK edition, 19 October, from Simon Wills, Director, wholesale and regulation team, British Bankers' Association, London.
Banks put themselves at risk in Basle
ARTICLE - The Basle committee on banking supervision is once again consulting banks over the impact of its draft new capital accord. Basle II will have an important bearing on bank lending within and between countries. Despite its good intentions, the…
Can Basel II be made to work?
ARTICLE - Latest developments in the progress of the Basel II Capital Accord have raised concerns by both US and European parties that its complexity will lead to unequal treatment. The Banker magazine, in its August 2002 edition, examines the issue and…
Crocked?
ARTICLE - Tuesday's Financial Times catches the mood of speculation on who is favourite to succeed Sir Edward George as the governor of the Bank of England with the suggestion that betting odds and horse racing may have something to do with it.
European Central Bank is indeed accountable
LETTER - Letter published in the London Financial Times on 28 June from Chris Huhne MEP.
A tale of two central banks
FEATURE - It is unusual for one nation to have two central banks, but that seems to be the case in Madagascar. Following disputed presidential elections in December 2001, there are now in effect two administrations in place: that of Marc Ravalomanana,…
Meet Europe's Next Central Bank Chief
ARTICLE - He's Frenchman Jean-Claude Trichet, who has already been ordained to succeed Wim Duisenberg at the ECB in July 2003 reports BusinessWeek Online.
Super regulator
FEATURE - The idea of a super regulator for SA's banks, insurers, asset managers and financial markets has been around for three years. Finance Minister Trevor Manuel told Parliament more than a year ago that he planned to create one, but his comments…
Brash hits back at dissent on growth policy
FEATURE - Former New Zealand Reserve Bank governor Dr Don Brash has hit back at the view that the bank's approach to monetary policy hobbles economic growth reports the New Zealand Herald on Tuesday.
Chicago fed forum evolves into Basel 2 battle
FEATURE - The big question posed at this year's premier bank policy event was how to break regulators' tendency to exacerbate business cycles by backing off in boom times and cracking down when the economy slows.
Biography of newly-appointed Turkmen c bank chief
TURKMENISTAN - Ymamdurdy Muhammedowic Gandymow [Imamdurdy Muhammedovich, appointed head of the governing board of the Central Bank of Turkmenistan on 6 May 2002].
Interview with a regulator
FEATURE - Interview with Jeremy Cox, Supervisor of Insurance, Bermuda Monetary Authority. Originally published in the Asia Insurance Review on Monday.
Brazil's central bank - a question of independence
FEATURE - Brazil's central bank president, Arminio Fraga, may appear the only sure thing in Brasilia these days as election fever grips the capital of South America's number one economy. But the question to be asked is, for how long?
ECB's French connection is still fuzzy
FEATURE - The next president of the European Central Bank will be a Frenchman, but the question is: Which one?, asks the Wall Street Journal, 3 April.
Banks face loyalty dilemma
FEATURE - With all the fuss about terrorist finance, it's sometimes easy to forget that the argument about how to track dirty money is a very old one indeed.
Succession scramble at ECB
FEATURE - For those few who enjoy the subtleties of central banking politics, a glacial but important semantic change has occurred over the past couple of years.
Poll dares to ask: Who will succeed Greenspan?
FEATURE - A panel of prominent economists this week pondered a question that many Wall Street investors find unthinkable: Who will take the helm of the world's most powerful central bank when Alan Greenspan leaves?
Wim Duisenberg's legacy
FEATURE - Wim Duisenberg, the Dutchman who has headed the European Central Bank (ECB) since its inception, is standing down in July next year.
BSP chief started out as a credit investigator
FEATURE - It is hard to imagine how today's business icons once lugged heavy books to sell, worked at the school canteen, sold pens and paper.
Israel's regulatory easing
ARTICLE - Some $260 billion (290.39 billion euros) in Israeli financial assets is walled up inside the country by regulations, discriminatory taxes and investor conservatism, kept pacified by high domestic interest rates.
Capital flow and soundness of regulation
LETTER - A letter published in the London Financial Times, 8 January 2002.