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Reserve Bank of Australia - Annual Report 2002

ANNUAL REPORT - The Reserve Bank of Australia has published its Annual Report for the year ended 2002. In his foreword to the Annual Report 2002 the Governor, Ian Macfarlane, said the Australian economy has had a relatively trouble-free year, but that…

Bank Italia to out source some activities

ITALY - Italian central bank Bank Italia has decided to authorise the outsourcing of over-the-counter banking activities. Banks may use their own branches or call in outside firms specialising in call centre management.

Interest rates unlikely to fall soon, Mboweni

SOUTH AFRICA - South Africans should not expect a drop in interest rates for the remainder of the year, Reserve Bank governor Tito Mboweni said on Tuesday. He also said he opposed the government's plans for a single banking regulator, and believed that…

Speech by William Poole, St Louis Fed Bank, 26 Aug

SPEECH - In the speech titled 'Taking Stock: the State of the Business Recovery' Poole said it was unlikely the US economy would slip back into recession, noting that a "double-dip" recession has only occurred once since WW2. He credited strategies by…

Speech by David Carse of the HKMA, 23 Aug

SPEECH - Carse used the speech titled 'Anti-Money Laundering and the Role of Supervision' to highlight some of the issues being addressed during a review of the HKMA's 1997 anti-money laundering guidelines in the light of recent developments.

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