Regulation

Basel Committee Working Papers

REPORT - Basel Committee on Banking Supervision Working Paper, August 2001, Risk Sensitive Approaches for Equity Exposures in the Banking Book for IRB Banks.

All change at the US Treasury - slowly

CENTRALBANKNET'S SPECIAL REPORT - A brief look at the US Treasury's web-site reveals a significant number of vacancies still to be filled, not least all four positions in the department of economic policy of assistant secretary and the three deputies…

Prizes of Romanian central bank for 2001

ROMANIA - The Romanian Central Bank awarded on 31 July its prizes for the year 2001 to prominent figures in the economic and cultural life, who, through their scientific activity and their exceptional original works, made an important contribution and…

Bank's legal might cited as grounds for appeal

UK - The fact that orders by the Bank of Thailand to financial institutions carry the equivalent weight of the law could serve as the basis for an appeal by the government in the Pin Chakkaphak extradition case.

BIS International Banking Statistics - Q1 2001

EUROPE - The latest report by the Bank for International Settlements reveals a significant increase in lending to offshore centres in the Caribbean last year, which could be the result of increased hedge-fund activity.

Fed's Ferguson takes oath for new term

UNITED STATES - After spending two years in political limbo, U.S. Federal Reserve Vice Chairman Roger Ferguson was sworn in today, 26 July, for a second term on the U.S. central bank board, the Fed said.

Chinese c bank formulates financial insolvent law

CHINA - Wu Xiaolin, the vice president of the People's Bank of China, recently declared that foreign financial organisations will come to Chinese markets after China's entry into WTO. It will make the competition in the financial industry more violent…

Is Greenspan growing tired of his task?

ARTICLE - Alan Greenspan has always been as good a politician as he is a central banker. The Federal Reserve chairman is the master of the non-answer-answer to a hostile question and he does it with remarkable grace. Last week's appearance on Capitol…

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