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Opiokello on Uganda and Basel II
David Opiokello, the deputy governor of the Bank of Uganda, said "The key element that countries should consider before moving on to Basel II is whether a good baseline supervisory system is in place," in a speech delivered on 3 July in Kampala.
Central bank sees "soft landing" for Irish housing
With Ireland's economy set fair, the property market is heading for a soft landing, says John Hurley, the governor of Ireland's central bank.
BoE's Sentance on monetary policy and business
Andrew Sentence, an external member of the Bank of England's Monetary Policy Committee (MPC) said on 10 July that the benefits to businesses from sound monetary policy "lie not in a temporary respite from higher interest rates, but in achieving a…
Ireland's three-year strategic plan
The Central Bank of Ireland on Wednesday published its three-year strategic plan.
Draghi sees more efficiencies from bank mergers
Mario Draghi, the governor of the Bank of Italy, says the market expects further savings as banks in Italy consolidate. Speaking at the meeting of the Italian Banking Association in Rome on 11 July, Draghi said savings would come from unifying IT systems…
Fed's Warsh on hedge fund risks
Addressing the House's Committee on Financial Services, Kevin Warsh, a member of the board of governors of the Federal Reserve, set out what the Fed sees as the risks hedge funds pose to the financial system.
"Properly manage" baht says Thai finance minister
Thailand's finance minister directed the central bank to "properly manage" the baht, as the currency hit a ten-year high against the dollar.
Chicago Fed on subprime mortgages
A recent article by the Chicago Federal Reserve argues that the subprime mortgage market is facing substantial problems, as measured by delinquency rates, while the prime mortgage market is experiencing more typical delinquency rates, close to historical…
Barbados' Williams on exchange controls
Speaking at the opening of a new bank in Barbados, the governor of the central bank, Marion Williams, set out plans to end 35 years of exchange controls in the country.
Local currency bond markets risks lower
Exposure to currency depreciation risk has declined in most emerging market economies, according to a report on "Financial stability and local bond markets" published on 9 July by the Committee on the Global Financial System.
Strauss-Kahn gets EU boost for top Fund job
Dominique Strauss-Kahn, the former French finance minister, looks set to become the next managing director of the International Monetary Fund (IMF) after receiving the support of the finance ministers of the European Union (EU). The current managing…
Weak integration in Asian bond markets
Integration in Asian bond markets has been weak and has stalled since 2003, argues a research paper from Hong Kong's central bank.
Malaysian ringgit not misaligned: Dr Zeti
The ringitt, Malaysia's national currency, is not misaligned and reflects fundamentals in the economy, said the governor of Malaysia's central bank, Dr Zeti Akhtar Aziz.
Gieve says more to be done to hit inflation target
For the second time in as many weeks, John Gieve, the deputy governor of the Bank of England, has suggested that the central bank's Monetary Policy Committee (MPC) has not done enough to bring inflation back to its 2% target.
Bank of Canada raises raises rates to 4.5%
The Bank of Canada has raised interest rates by 25 basis points despite its currency's recent appreciation again the US dollar which has taken it to its strongest level in 30 years against the greenback. The Bank of Canada said economic growth and…
Pension overhaul at the Bank of England
The Bank of England has traditionally had a generous final salary pension scheme, but it is now reported that it intends to close the scheme and raise the retirement age of new staff from 60 to 65.
China's Wu Xiaoling cool on asset prices
The People's Bank of China, the country's central bank, will not use monetary policy directly to target stock market or real estate prices, deputy governor, Wu Xiaoling, said on 7 July.
French honour for Maltese central bank governor
Governor of the Central Bank of Malta, Michael Bonello, has been awarded the Officier de la Legion d'Honneur by the French government.
New non-executive directors for Bank of England
Roger Carr and Susan Rice have been appointed as non-executive directors of the Bank of England, replacing Sir Graham Hall and Mary Francis.
New French candidate for IMF emerges
A former finance minister of France, Dominique Strauss-Kahn, has emerged as one of the early favourites to become the next head of the International Monetary Fund (IMF). The current managing director, Rodrigo de Rato, announced last month that he would…
OeNB - Annual Report 2006
Operating profit at Austria's central bank for the year was €193m, down on last year's €295m, as the OeNB added nearly €100m to its pension reserve.
Tromp on Caribbean marketplace
In a speech on "the Caribbean marketplace," Dr ED Tromp, president of the Bank of the Netherlands Antilles discussed the need for further Caribbean cooperation and integration and said, "The high vulnerability of our economies... is primarily the result…
BoE's Blanchflower on self-employment
In a speech delivered in Berlin, David Blanchflower said, "in comparison with employees the self-employed are more likely to be male; immigrants; work in construction or financial activities; hold an apprenticeship; work in London; work long hours; have…