European Central Bank (ECB)
Trichet: ESRB to review counter-cyclical capital buffers
European Central Bank president Jean-Claude Trichet says counter-cyclical capital buffers a good starting point for European Systemic Risk Board
ECB could offer governance concession on T2S
European Central Bank could modify governance arrangements of its settlement platform in a bid to entice sterling to join
ECB approves Target2-Securities baseline price
European Central Bank’s Governing Council agrees to fix the transaction cost for Target2-Securities at 15 cents per transaction but attaches conditions
Honohan expects IMF loan for Ireland
Central Bank of Ireland governor Patrick Honohan says his expectation is that IMF loan will be made available, likely to come to “tens of billions”
ECB’s Stark: central bank’s more likely to react to asset-price growth
European Central Bank executive board member Jürgen Stark says central banks more likely to lean against against asset prices in future
ECB’s Constâncio: Basel III implementation must avoid unintended consequences
European Central Bank vice president Vítor Constâncio says implementation of Basel III will be no easy task
India’s PM backs QE2
Backing from Manmohan Singh follows attacks from other emerging markets
Bini Smaghi attacks watered-down EU fiscal sanctions
European Central Bank executive board member Lorenzo Bini Smaghi criticises EU proposals to have option to apply veto on excessive deficit sanctions
SMEs profitability declining: ECB survey
European Central Bank survey shows deterioration in lending to small and medium enterprises
I’m sticking to my guns: Buba’s Weber
Bundesbank president Axel Weber says future career prospects will not change his outspoken nature
EPC chairman 'shocked' at Brussels' 'competing' Sepa schemes
European Payments Council chair slams European Commission's willingness to allow operation of multiple, national Sepa schemes; says plan would thwart aims of Sepa
ECB announces baseline T2S price of €0.15
Settlement platform’s Programme Board proposes to fix fee for settlement until 2018; price not dependent on UK volumes, says ECB
Bundesbank ups compatibility of clearing system
Bundesbank strikes deal with payments processor Equens on more interoperable clearing systems to improve market efficiency
ECB calls for law enforcing Sepa migration
European Central Bank says legislative action on migration of Sepa scheme needed as self-imposed deadline will not work
Central Bank of Azerbaijan opens primary school
Azerbaijani central bank pushes corporate-social responsibility agenda with help of newly-established communications department
Trichet opposes EU agreement on fiscal sanctions
European Central Bank president Jean-Claude Trichet refuses to give his backing to sanctions for countries that break rules of stability and growth pact; sees sanctions as too soft
ECB calls for more data to prevent crises
European Central Bank draws attention to information gaps, says broader and more flexible data will aid macroprudential supervision
ICFA talks Target2- Securities with the ECB
Jean-Michel Godeffroy, chairman of the T2S programme board at the European Central Bank, talks through the future of the settlement platform with Melanie White of ICFA Magazine
ECB’s Bini Smaghi: vital to acknowledge structural flaws
European Central Bank executive board member Lorenzo Bini Smaghi says politicians risk underestimating the need for structural reform
Buba’s Weber rebuffs criticism of German surplus
Bundesbank president Axel Weber dismisses argument that eurozone’s surplus countries should boost demand to aid deficit-laden neighbours; condemns “misleading” comparison to China
ECB's Constâncio: grant CCPs access to central bank liquidity
European Central Bank's Vítor Constâncio says central counterparties should get access to central bank liquidity so long as they're regulated
ECB sets stage to tackle ‘addicted banks’
European Central Bank publishes toughened rules that will allow it to limit individual banks’ access to short-term funds and exclude asset classes
ECB: monetary policy could have prevented the crisis
European Central Bank study finds low benchmark rate had significant role in lax lending standards before crisis
Take responsibility: ECB’s Bini-Smaghi to EMEs
European Central Bank executive board member Lorenzo Bini-Smaghi says emerging markets seeking bigger global role must take responsibility for imbalances