Financial Stability
Spain learns from the past; working paper
Analysis of monetary system in the 1800s shows contraction in the money supply had a milder effect on the economy than expected
UK jets deliver currency to Libya
Royal Air Force flies banknotes to Central Bank of Libya in Benghazi
Japan’s new prime minister to tackle economic recovery
Ambitious monetary policy likely to continue as Yoshihiko Noda takes over as prime minister of Japan
European Commission establishes payment systems market expert group
European Commission seeks help from experts on payments system legislation and policy initiatives
Bank of Russia – Banking Supervision Report 2010
Annual report indicates return to growth in Russia and normalisation of liquidity in banks led to stable exit from crisis policy measures
Tail risks and contract design: BoE paper
Bank’s Fisher calls for further debate on where tail risks should be held as leveraged financial institutions pose larger systemic risks
Education and payments system top priorities in Papua New Guinea
Governor of the central bank puts financial inclusion for all and better payments systems at the top of his agenda
Riksbank told to improve on financial stability activities
Expert evaluation of monetary policy and work regarding financial stability leads to several key recommendations
Korea passes revision to central bank legislation
Greatly enhanced financial stability responsibility awaits the central bank; large-scale reorganisation of staff will happen
UK banking reforms argument rumbles on
Senior UK politicians get involved in debate ahead of final reform proposal report
Fiji's Whiteside introduces new financial literacy mascot
Barry Whiteside applauds work of Financial Literacy Working Group in Fiji and unveils new mascot
Botswana publishes mid-term review of the 2011 Monetary Policy Statement
Report shows inflation has been above target range in the first six months of the year
IMF paper reconsiders association between public debt and long-term yields
Paper focuses on possible spillover effects of large advanced economies’ debt levels to other economies’ borrowing yields, especially in emerging markets
Lithuania education programme gets under way: photos
Bank of Lithuania holds first educational seminar; session aimed at senior citizens
Italy’s Visco cautious over new austerity package
Deputy director-general warns Italy risks stagnating as global trade recovers
Trichet preaches sustainable long-term growth
Jean-Claude Trichet urges policymakers to aim for sustainable growth
Capital preservation measures create moral hazard: Bundesbank research
Bundesbank dicussion paper finds that capital preservation measures create moral hazard in banks
UK banking reforms come under attack
Plans for reform of UK banking system labelled 'barking mad'
Mortgage approvals rising in UK
Bank of England monthly Lending to Individuals figures show mortgage approvals continue to increase
Lagarde calls for urgent action
Lagarde sets out plans for Europe, the US and on a global scale to support 'fragile' recovery
Sudan Central Bank seeks to build gold refinery
Central Bank of Sudan asks for tenders to construct a gold refinery in the country
CPSS asks for help filling derivatives data reporting gaps
Committee on Payments and Settlements Systems releases OTC derivatives market report for comment; wants suggestions on addressing data gaps
Bernanke disappoints in Jackson Hole speech
Fed chairman mentions range of tools available to “provide additional monetary stimulus” but gives no indication of employing them
ECB extends swap line agreement with BoE
The Bank of England and European Central Bank prolong swap line; new end date is September 28