News
Yeritsyan rejoins Armenian central bank in reshuffle
Armenian economy minister Nerses Yeritsyan returns to central bank as vice-chairman; former vice-chairman Vache Gabrielyan becomes finance minister
RBA’s Edey elected head of influential OECD committee
Reserve Bank of Australia assistant governor Malcolm Edey selected as chair of financial markets committee
Ukraine’s Stelmakh bows out
National Bank of Ukraine governor Volodymyr Stelmakh tenders resignation over a year past expiry of term; first deputy governor Serhii Arbuzov named his replacement
Fund completes gold sales
IMF completes sale of 403 tonnes of gold, drawing 15 month process to an end; ease of effort linked to central banks' demand for the metal
Netherlands' Berndsen to build unified model of financial infrastructure
Netherlands Bank's head of oversight Ron Berndsen to construct complete financial infrastructure model as part of professorial appointment
Number of central bankers on the rise
Central banks increase staff, reversing decade-long downsizing trend
Fiji's Reddy resigns
Reserve Bank of Fiji governor Sada Reddy resigns from his post for unspecified reasons; deputy Barry Whiteside to serve as interim governor
RBA names new assistant governor for currency
Reserve Bank of Australia promotes Michele Bullock to assistant governor for currency; Bullock steps in following transfer of Bob Rankin to central bank's London office
Imbalances could treble in next two decades: Bank's Haldane
Bank of England executive director Andy Haldane charts course of global imbalances, pointing to trends likely to widen them
Former Czech governor Tůma joins KPMG
Ex-Czech National Bank governor Zdeněk Tůma joins consulting and auditing firm; tells local media he is keeping an eye on Prague administration
Ireland lifts lid on tough new enforcement approach
Central Bank of Ireland publishes first-ever enforcement strategy, detailing tough line on sanctions; publication accompanies penalties on Allied Irish Banks, NCB Stockbrokers
Fed extends temporary dollar swap lines
Dollar swap lines reopened with five central banks in May will remain in operation until August 2011, seven months past original date of expiry
Dublin deflects ECB criticism of bank law
Ireland’s finance ministry says central bank independence not threatened by bank bill; statement comes in response to wide-ranging European Central Bank critique of draft law
Philippines bats away attacks of new banknote series: reports
Central Bank of the Philippines’ deputy governor Diwa Guinigundo reportedly dismisses criticisms of incorrectly rendered native bird and map on new banknotes
Tributes pour in for euro architect Tommaso Padoa-Schioppa
Central bankers, private sector officials laud the contributions of Tommaso Padoa-Schioppa, who died on Saturday
EFSF's Frankel: guarantees are "enough for the time being"
European leaders endorse EFSF model, as facility gears up for debut issuance of up to €5 billion
EU pledges to make bailout vehicle permanent
Meeting of European Union leaders concludes with a pledge to create permanent rescue fund for the eurozone
BoE, ECB announce euro-sterling swap line to aid Ireland
Bank of England agrees to provide sterling in exchange for euro up to a limit of £10 billion; move aimed at helping Central Bank of Ireland
King named vice chair of European Systemic Risk Board
Bank of England governor Mervyn King named Trichet’s deputy on ESRB
Another SNB council member to step down next April
Swiss National Bank’s Konrad Hummler to step down in April; move comes after Armin Jans tendered his resignation in November
Basel III won’t be a problem if implemented correctly, says Bank of England
Latest Financial Stability Report stresses importance of long transition to new rules, and concerns over central counterparty clearing
Basel Committee publishes final Basel III rules
The Basel Committee has finalised its Basel III package - but work in certain areas will continue into 2011
Frankfurt taps NCBs for €5 billion
European Central Bank says greater amount of capital required because of increased volatility
Brussels forges ahead with Sepa end-date proposal, despite differences
European Commission proposes deadlines for national credit and debit transfers to migrate to Sepa system; move could divide stakeholders