Regulation
Korea to name c bank board member in next 2 weeks
SOUTH KOREA - South Korean President Kim Dae-jung will likely name a new member to the Bank of Korea's monetary policy board either next week or in the following week, a central bank official said Thursday.
ECB reform to cap votes not council size - Report
GERMANY - The European Central Bank wants to limit, through rotation, the number of governing council members that can vote on monetary policy after euro zone enlargement, a German newspaper reported on Thursday.
Basel Committee on Banking Supervision
PRESS RELEASE - Basel Committee on Banking Supervision supports collective action to halt terrorist funding, 17 April.
Polish premier calls for interest rate cut
POLAND - Prime Minister Leszek Miller said on Wednesday he hoped that the Monetary Policy Council (RPP) would support the government in implementing its economic programme by cutting interest rates.
Croatia moves to restore confidence in banks
CROATIA - The Croatian National Bank is seeking to restore confidence in the country's banks after politicians suggested a trading scandal might have affected more than one bank.
Ignatyev to submit nominees for central bank board
RUSSIA - Chairman of the Central Bank of Russia, Sergei Ignatyev, plans to submit three candidates for the CBR board of directors to the State Duma, lower house of parliament, in the next few days, a Duma source said on Tuesday.
Klein to consider his position if c bank reformed
ISRAEL - Bank of Israel Governor David Klein says he'll have to consider his future if the Bank of Israel Law governing the central bank is revised according to the Finance Ministry's proposal it is reported.
Greek to be Europe's number two banker
GREECE - Greek central banker Lucas Papademos, the hot favourite for the job, has been appointed vice president of the European Central Bank.
Interview with a regulator
FEATURE - Interview with Jeremy Cox, Supervisor of Insurance, Bermuda Monetary Authority. Originally published in the Asia Insurance Review on Monday.
Deutsche Bundesbank Press Release, 11 April
PRESS RELEASE - Appointment of external auditors of the annual accounts for 2002.
Israel sees no progress on central bank reform
ISRAEL - The Bank of Israel said Thursday that no significant progress had been made in reaching a compromise on the Finance Ministry's plan to amend the law governing the central bank.
Vietnam appoints two new c bank deputy governors
VIETNAM - Vietnam's Prime Minister Phan Van Khai has appointed Phung Khac Ke and Vu Thi Lien as deputy governors of the State Bank of Vietnam, a central bank official said Friday.
IMF pledge to help Argentina with economic reforms
ARGENTINA - The International Monetary Fund (IMF) said Wednesday that it was "firmly determined to help" Argentina, but conditioned an eventual financial bailout to President Eduardo Duhalde's progress in the execution of extensive economic reforms.
Argentina's former economy minister charged
ARGENTINA - Domingo Cavallo, Argentine economy minister till the country's debt crisis toppled four governments in a row in December, has been formally charged with arms smuggling.
Israel approves Bill to redefine c bank powers
ISRAEL - Israeli ministers have approved a bill that would redefine the Bank of Israel's powers, but allowed the finance ministry and central bank time to propose changes to the bill to resolve continuing disagreements.
Brazil's central bank - a question of independence
FEATURE - Brazil's central bank president, Arminio Fraga, may appear the only sure thing in Brasilia these days as election fever grips the capital of South America's number one economy. But the question to be asked is, for how long?
Supervision seminar to be hosted by c bank of Oman
OMAN - Hamoud bin Sanjoor al Zedjali, Executive President of the Central Bank of Oman (CBO), inaugurated at the CBO on Sunday a regional seminar on supervisory developments and practices in the banking sector.
Russian gov't seeks central bank draft law changes
RUSSIA - The Russian government will press for a revision of a number of amendments to the draft law on the Central Bank the State Duma (lower house) proposed Friday, Deputy Prime Minister and Finance Minister Aleksey Kudrin has said.
Korean financial supervisory system to be assessed
SOUTH KOREA - The International Monetary Fund (IMF) and the World Bank are expected to evaluate Korea's progress in establishing effective frameworks for supervising banks, insurers and securities firms during a 14-day assessment program on the country's…
Russian c banker in court for abuse of office
RUSSIA - The Zamoskvoretskiy intermunicipal court in Moscow begins proceedings in the criminal case involving Aleksandr Alekseyev, deputy head of the Russian Central Bank's main territorial directorate for Moscow, ITAR-TASS reports.
Iran judiciary says has no plans to try ministers
IRAN - Iran's judiciary denied on Sunday persistent media reports it planned to summon Oil Minister Bijan Zanganeh and Central Bank Governor Mohsen Nourbakhsh to court to face corruption charges.
Bangladesh to close 500 bank branches
BANGLADESH - The central bank in Bangladesh has disclosed a plan to close down 500 branches of state owned commercial banks which were incurring losses over the last five years.
Deputies to G-7 finance chiefs to meet in London
UK - The deputies to the Group of Seven industrial nations' finance ministers will meet in London Thursday, sources told Jiji Press Saturday.
Polish PM scales back anti-central bank rhetoric
POLAND - Polish Prime Minister Leszek Miller softened hostile rhetoric against the country's central bank on Sunday but kept intact the message that bankers should stop damaging the limp economy with high interest rates.