Financial Stability
Russian prosecutor clashes with central bank
Bank of Russia must take commercial bank out of administration, prosecutor says
Ukrainian central bank bars PwC from further audits
NBU says firm verified “misrepresented information”, but PwC denies charge
Tensions rise as EU payments deadline nears
Many are concerned by potential flaws in Europe's revised payment services directive
Guinea Bissau still struggling with NPLs, says latest IMF assessment
Country still reeling from failed bailout that saw two banks default
France should broaden macro-prudential oversight – FSB report
Country should widen its outlook to include asset managers and other risky areas, peer review finds
FCA threatens further action against firms “misleading” customers
UK regulator says some banks are still incorrectly using currency transfer services, despite warnings last year
Debate over Kenya’s growth potential continues – Njoroge
Private sector sees macroeconomic stability and infrastructure funding aiding growth in long term
Fed fines BNP Paribas over forex manipulation
French bank is to pay $246 million to settle an investigation of misconduct
BoE opens RTGS to non-bank payment service providers
Non-banks gain direct access to settlement accounts at the Bank of England for the first time
IMF official says Mexico’s outlook seems bright
First deputy director Lipton says sound macroeconomic management has put the country in a strong position
Austrian banks should invest for the future – OeNB
Commercial banks are boosting profits by cutting risk provisioning, says central bank
China's president hands PBoC stronger role in tackling financial risks
China plans new financial stability and development committee to co-ordinate financial supervision
Regulations have net benefit despite cost to dealers – BoE paper
Working paper finds leverage requirements have raised costs for dealers in normal times
IFRS 9 will improve stability – ESRB
New measures could reduce procyclicality of asset impairments in downturns
Malaysian central bank strengthens onshore hedging
Bank Negara complements NDF restrictions with more open onshore market
IMF continues building up Somali central bank
Planned currency reform should give central bank ability to implement monetary policy
Uganda central bank sues Crane Bank director for over $100m
Bank of Uganda investigation finds troubled Crane Bank owned wholly by one person
RBNZ’s Bascand says banks now less reliant on offshore funding
Banks attempting to reduce risk and respond to regulatory changes, says RBNZ deputy