Governance

Fair value accounting for financial instruments

The BIS Working Paper "Fair value accounting for financial instruments: some implications for bank regulation" identifies issues that bank regulators need to consider if fair value accounting is used for determining bank regulatory capital and when…

Riksbank announces death of Jan Bergqvist

Jan Bergqvist, Chairman of the General Council of the Swedish central bank, has suddenly passed away at the age of 66, following a period of illness, the Riksbank said on Monday 4 September.

Rajan to leave IMF after three years

Raghuram Rajan, the International Monetary Fund's economic counsellor and director of its research department, has decided to return to the University of Chicago by early 2007.

Bank of Japan's new executive director

Japan's finance minister, Sadakazu Tanigaki, today appointed Kiyoto Ido, a former director-general of the finance ministry's international bureau, as one of six executive directors of the Bank of Japan.

SNB's Blattner to retire in the spring of 2007

The vice-chairman of the Swiss National Bank's Governing Board, Niklaus Blattner, will retire at the end of April 2007, the SNB said on Friday 18 August, adding that a replacement would be proposed within months.

BIS' Knight to join Nobel Laureate Meetings

The General Manager of the Bank for International Settlement in Basel, Dr. Malcolm Knight, is to become a new member of the Honorary Senate of the Foundation of Nobel Laureate Meetings in Lindau, Germany, the Council for the Lindau Nobel Laureate…

RBZ's Gono given increased protection

Reserve Bank of Zimbabwe governor Gideon Gono has been given increased security following a recent arson attack on his property, the Zimbabwe Standard reported.

Fan Gang to join PBOC committee

China's Cabinet said Friday 11 August it had appointed economist Fan Gang to the People's Bank of China's monetary policy committee, an advisory body to the central bank.

SARB's Guma reappointed deputy governor

South African President Thabo Mbeki has reappointed Xolile Guma to serve as deputy governor of the central bank for another five years, the South African Reserve Bank (SARB) said on Monday 7 August.

Bank of England appoints Finance Director

The Bank of England announced on Wednesday 2 August that Warwick Jones has been appointed Finance Director of the Bank of England from 1 October. Mr Jones will be an Executive Director of the Bank and a member of the Executive Team.

Malaysia appoints three new assistant governors

Bank Negara Malaysia announced Wednesday 2 August the appointment of three additional Assistant Governors, Dato' Mohd Nor bin Mashor , Puan Lillian Leong Bee Lian and Encik Gopala Krishnan Sundaram, effective immediately.

Glenn Stevens appointed governor of the RBA

Australian Treasurer Peter Costello announced on Tuesday 1 August that Glenn Stevens has been appointed governor of the Reserve Bank of Australia for a term of seven years, with effect from 18 Sep.

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