Central Banks
Bank of Namibia to issue new banknotes in 2012
New security features will be added to notes; old notes will still be legal tender
ECB publishes the third edition of monetary policy book
ECB releases comprehensive overview of the ECB's monetary policy
Bank’s Bailey sees positive future for building societies
Andrew Bailey puts FSA hat on and delivers speech in new role
Bank of Japan praised for post-disaster actions
Government representatives at monetary policy meeting expressed appreciation for the central bank’s “swift and appropriate actions after the earthquake”
Turkey releases latest inflation report
Central Bank of Turkey April 2011 Inflation Report covers new policy strategy
IIF: cross-border resolution regime an ‘absolute priority’
Global trade body for banking industry calls on G-20 to set up task force; calls on banks to identify “critical functions” that need to be preserved in the event of failure
Yellen defends IMF proposals on capital controls
Federal Reserve vice-chair takes Fund line on framework to tackle capital inflows; follows criticism of framework from Indian, Brazilian officials
Elderfield details Ireland's new risk assessment model
Matthew Elderfield, head of financial regulation at the Central Bank of Ireland, reveals details of new ‘Prism’ risk assessment model
Rwanda promotes vice-governor
Claver Gatete, the vice-governor at the National Bank of Rwanda, is promoted to governor; former governor Francois Kanimba takes government role
Bini Smaghi favourite to next lead Bank of Italy
Analysts say European Central Bank executive board member Lorenzo Bini Smaghi is strong candidate to lead Bank of Italy should current governor Mario Draghi move to Frankfurt
Too big to fail must end; FDIC chair Bair
Being labelled a Sifi will not mean being anointed too big to fail, leading to automatic bailouts, Federal Deposit Insurance Corporation chairman, Sheila Bair warns
EU governance reform falls short of quantum leap: Trichet
European Central Bank president Jean-Claude Trichet calls for less discretion to application of Stability and Growth Pact
Phasing in Basel III rules eases economic costs: IMF paper
Fund study shows that implementing higher capital and liquidity requirements over a lengthy period of time can help reduce the macroeconomic costs of enforcing such rules
Cash has a future: Sweden’s Nyberg
Riksbank deputy governor Lars Nyberg predicts cash will continue to be used for payment despite decline in usage
Indonesia issues tough sanctions for Citibank
Bank Indonesia bans Citi from opening branches for a year
Bernanke sheds light on new macroprudential approach
Federal Reserve chairman Ben Bernanke touches on benefits of new macroprudential approach in the United States under the Dodd-Frank Act
Jamaica top of the (volleyball) league
Bank of Jamaica triumphs in one day volleyball rally