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Ukraine sets up for ex and stock market watchdog

UKRAINE - The Ukrainian government has decided to create a special commission to monitor and control the activities of Ukraine's exchanges, the government's press service reported on Wednesday. The press service was referring to a government ruling.

Advocate of hard-landing may join Japan debt team

JAPAN - Japan's best-known advocate of a "hard-landing" solution to the banking crisis is likely to be named this week a member of the taskforce charged with drawing up proposals to tackle the financial system's mountain of bad debts.

CBR's Kozlov - Delete Russia from FATF black list

RUSSIA - Russia has all the chances to be deleted from the "black list" of the Financial Action Task Force (FATF). Such an opinion was expressed by first deputy chairman of the Central Bank of Russia Andrei Kozlov who made an appearance at the National…

Regulatory board for accountants hits snag

US - The process of setting up the new regulatory board for accountants is being delayed because of a dispute over one possible member, Donald Kirk, a former regulator criticised for being too close to the audit profession.

India's for ex reserves up $500m

INDIA - The country's forex reserves have surged by $500 million to touch $62.521 billion for the week ended September 20, 2002, as compared to $ 62.021 billion in the previous week, figures released by the Reserve Bank of India show.

Malta's Monetary Policy Advisory Council set up

MALTA - Following the entry into force on 1 October 2002 of the amendments to the Central Bank of Malta Act, the Monetary Policy Advisory Council has been constituted under the provisions of the same Act. This Council is responsible to advise the…

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