Governance
UK officials must consider cultural factors in regulatory overhaul
Navigating the transition to Britain’s new regulatory regime is fraught with cultural challenges, writes Michael Foot
Greece’s Provopoulos: fiscal policy has its limitations
Bank of Greece governor George Provopoulos says Greek crisis highlighted the limitations of fiscal policy
Tuvalu joins IMF
Remote island of Tuvalu gains access to IMF resources after becoming 187th member at the Fund
Denmark’s Bernstein proposes UK-style merger between central bank and regulator
National Bank of Denmark director Nils Bernstein says collaboration between the central bank and Financial Services Authority will sharpen supervisory powers
FSA heads push back on regulator's abolition
Chairman and chief executive of the UK regulator say decision to break it up is ill-timed
Norges Bank takes reputation poll
Norwegian central bank publishes outcome of its first ever reputation survey; poll finds central bank is doing well in public eyes, but could be more open
Agathe Côté named new Bank of Canada deputy
Bank of Canada adviser Agathe Côté named as replacement to Duguay after deputy governor retires
Brazilian opposition candidate threatens central bank’s independence
Opposition party presidential candidate José Serra says rate-setting will be a political process under his leadership; latest poll puts Serra on level footing with governing party candidate
Fed calls on banks to step up pay reform
A Federal Reserve review on executive compensation says firms need a more comprehensive review of risks relating to misaligned pay incentives
Hungary’s Simor breaks silence on government attacks
National Bank of Hungary governor András Simor slams repeated attacks of central bank and proposal to interfere with central bankers’ pay; government could force Simor out, analysts think
Naidene Ford-Hoon to head Sarb financial services wing
Accountant Naidene Ford-Hoon replaces Gerrie Terblanche as head of financial services at the South African Reserve Bank
Zimbabwe orders end to seizure of central bank assets
Zimbabwe's finance minister Tendai Biti stops auctioning of central bank assets in bid to revive beleaguered institution
Singer named new Czech National Bank governor
Vice governor Miroslav Singer appointed CNB governor for six-year term
Al-Qaeda claims responsibility for fatal central bank attack
Al-Qaeda group says it orchestrated bombings aimed at the Central Bank of Iraq which killed at least 18 people; militants say they targeted central bank to choke off funds to United States
Four candidates vie to head Bank of Thailand
Bangkok set to present finance ministry with shortlist narrowed down from four applicants including deputy governor Bandid Nijathaworn; incumbent Tarisa Watanagase will leave in October
Sri Lanka's Cabraal gets second term
Sri Lankan central bank governor Ajith Nivard Cabraal gets a further six years at the helm; credited with bringing inflation back under control
Former Bank staff sceptical on FSA split
Ex-Bank of England officials view cultural factors as barrier to success of UK government's plan to return prudential regulation to Bank
CNB deputy Singer favourite to succeed Tůma as governor
Czech National Bank vice governor Miroslav Singer will take over from Zdeněk Tůma when he resigns as governor in June, say commentators
ECB's Bini Smaghi says executive pay inefficient
European Central Bank executive board member Lorenzo Bini Smaghi says executive salaries don't reflect performance, calling for broader international solution
PBoC’s Du promoted to deputy governor: reports
People’s Bank of China has promoted assistant governor Du Jinfu to deputy, according to news reports; Du replaces Su Ning, who is past official retirement age
Ireland's Honohan outlines central bank's failures
Irish central bank governor Patrick Honohan cites failures in bank management for poor response to crisis in central bank review
Former Bank chief economist to chair new banking commission
Sir John Vickers named head of Independent Commission on Banking that will decide the future of British lenders