Regulation
Tokyo seeks US support to curb yen rise
Senior Japanese officials yesterday hinted that Tokyo was stepping up its efforts to win tacit US support for measures to prevent the yen from strengthening in the aftermath of last week's terrorist attacks in the US.
RBNZ reminder re economic sanctions
NEWS RELEASE - The Reserve Bank has written to banks and financial institutions reminding them of their obligations in regard to United Nations sanctions that apply in New Zealand.
Fin regulators plan public meet on privacy notices
US - Eight financial regulators announced plans Monday 24 September for an all-day meeting on privacy notices under new banking laws.
Greenspan to meet with Senate panel
US - Federal Reserve Chairman Alan Greenspan plans to hold a closed-door meeting Tuesday 25 September.
G7 respond to Bush's call to freeze accounts
US - Washington's G7 partners have begun to respond to President George Bush's call yesterday to freeze financial accounts of a list of suspected terrorist organisations and individuals linked to them.
Update on the Basel Accord
REPORT - Update on work on the New Basel Capital Accord published September 2001.
Japan's regulators try to resolve banks' bad loans
JAPAN - In recent years, Japan has repeatedly frustrated foreign investors with its failure to resolve its decade-long bad loan mess.
Basel plan on capital may quiet criticisms
US - Regulators working on a revision of international bank capital rules announced Friday 21 September that they will back off a number of proposals that the industry has criticised.
Financial regulators set for action
US - Following last week's terrorist attack, US financial regulators are set to clamp down.
BOJ Yamaguchi - Need vigilance if war mood rises
JAPAN - Bank of Japan Deputy Governor Yutaka Yamaguchi said today, 21 September, the central bank must be vigilant to maintain market stability if the world gets closer to being on a war footing.
Peru's congress elects directors to central bank
PERU - Congress on Thursday 20 September elected its three representatives to the board of directors of the Central Reserve Bank of Peru.
Following the money trail
ARTICLE - Financial authorities around the world are stepping up their efforts to trace illegal money flows in the wake of the attacks inflicted on New York and Washington DC on 11 September.
New deputy governor at Pakistan's central bank
PAKISTAN - Mr. Tawfiq A. Husain today, 20 September, assumed the charge of the office of Deputy Governor, State Bank of Pakistan. He replaces Mr. Mukhtar Nabi Qureshi who retired from the post after completing his term.
Pakistan exchanges stay closed
PAKISTAN - Financial market regulators in Pakistan have announced that the country's three stock exchanges will remain closed until next week.
Afghan economy fights for survival
ARTICLE - The threat of US military action against Afghanistan looks set to devastate the livelihood of its people. The economy barely functions, with no recognisable central bank, leaving Afghans to fend for themselves.
World Bank appoint new country manager to Bulgaria
BULGARIA - The World Bank has announced that Oscar de Bruyn Kops had been appointed World Bank Country Manager to Bulgaria.
Russians allowed to open accounts in foreign banks
RUSSIA - Russia's Central Bank allowed Russian citizens to open accounts in foreign banks for non-business purposes, according to the CBR ruling, published in CBR's official bulletin today, 19 September. The ruling takes affect in ten days.
World Bank and IMF cancel talks in Washington
US - The World Bank and the International Monetary Fund announced yesterday, Monday 17 September, that they would cancel their annual meetings scheduled for Washington later this month.
World Bank and IMF joint statement on meeting
NEWS RELEASE - World Bank Group and International Monetary Fund Will Not Hold Annual Meetings.
Russia ponders measures to boost banking sector
RUSSIA - Russia is considering the creation of a deposit protection scheme and measures designed to increase competition within the country's poorly developed banking sector, under reform plans being drawn up for cabinet discussion this month.
Philippines must pass anti-money laundering bill
PHILIPPINES - The Philippine government said today, Monday 17 September, the terrorist attacks in the U.S. make it more urgent for an anti-money laundering bill to be passed in the coming weeks to avoid the threat of international sanctions.
IMF Statement on US tragic events
IMF Statement on Tragic Events in the United States, 12 September
World Bank Extends Sympathy to United States
WASHINGTON, September 12, - The following is a statement issued today by World Bank President James D. Wolfensohn.
OECD Statement on US attacks
Statement issued yesterday by Donald J. Johnston, Secretary General of the OECD, in the wake of the attacks in the U.S.