Regulation
Speech by Michael Moskow, President, Chicago Fed
SPEECH - Speech by Michael H. Moskow, President and CEO, Federal Reserve Bank of Chicago. Michael Moskow said in the speech titled 'Cultural Transformation at the Chicago Fed' that a cultural transformation at the Federal Reserve Bank of Chicago has…
Basel Capital Accord
PRESS RELEASE - Progress towards completion of the new Basel Capital Accord, 13 December 2001
Bank Indonesia hopes to sell subsidiary in Holland
INDONESIA - Bank Indonesia said six prospective investors have shown an interest in purchasing its wholly-owned subsidiary, Indover Bank in the Netherlands.
BOK head to visit Myanmar central bank
SOUTH KOREA - Bank of Korea Gov. Chon-Chol-hwan will travel to the Southeast Asian country of Myanmar till next Monday at the invitation of Kyaw Kyaw Maung, head of Myanmar's central bank.
Kelley resignation now official at Fed
US - Federal Reserve Board Governor Edward W. Kelley Jr. officially resigned Wednesday, saying it was time "to turn my attention to my family and other personal interests."
Three candidates progress in enlargement talks
EUROPE - European Union enlargement negotiations yesterday received a boost after three candidate countries concluded negotiations on the important "chapter" related to justice and home affairs.
Koizumi firm on reform in spite of gloom
JAPAN - Junichiro Koizumi, Japan's prime minister, yesterday, Wednesday, said he would not waver on economic structural reform despite evidence of increasing gloom in corporate boardrooms across Japan about the recession-swamped economy.
Federal Reserve Press Release - Transparency issue
PRESS RELEASE - Federal Reserve Press Release, 11 December, 2001.
Parliament agrees to Sramko as nominee for c bank
SLOVAKIA - The Slovak Parliament voted on Tuesday to elect Ivan Sramko as Vice Governor of the central bank NBS.
New York Fed to reopen for public tours in January
US - The Federal Reserve Bank of New York, which has suspended tours since 11 September, will reopen to visitors in January.
Prosecutors file charges against ex-Thai c bank
THAILAND - Prosecutors filed charges Wednesday against a former central bank chief for losses of 185.9 billion baht ($4.2 billion) in defending the baht against massive speculative trading in 1997 that plunged the country into financial crisis.
Bank Negara Act change to ensure smooth operation
MALAYSIA - Amendments to the Bank Negara Malaysia (BNM) Act will ensure smooth operation in handling the BNM's credit bureau and strengthen the country's financial system.
New Kazakh dep prem gets seat on Nat Bank board
KAZAKHSTAN - The new deputy prime minister, Karim Masimov, has been appointed the government's representative on the board of Kazakhstan's National Bank.
Speech by Jean Claude Trichet of Banque de France
SPEECH - Speech by Jean Claude Trichet, Governor of the Banque de France, at the NIKKEI Euro Symposium, London, 5 November.
Rerngchai pleads innocence over baht defence
THAILAND - An extract of the unofficial translation of an open letter from former Bank of Thailand governor Rerngchai Marakanond in reply to the bank's charge against him of gross negligence for the failed baht defence.
RBI wants to delicense money changers
INDIA - In tune with the financial sector liberalisation, the Reserve Bank of India (RBI) wants to delicense the money changers. It plans to get out of the business and wants the money changers to work as agents of public sector banks.
EU won't protest changes at Polish c bank
POLAND - An amendment to Poland's central bank law increasing the size of the bank's interest rate-setting Monetary Policy Council, or RPP, shouldn't draw protests from the European Union, Prime Minister Leszek Miller said Friday in an interview on…
Anthrax found in Federal Reserve mail facility
US - The Federal Reserve Board that sets U.S. interest rates and guides the world's most powerful economy, announced on Thursday that mail possibly contaminated with anthrax had been found at its off-site postal facility set up to head off suspect mail.
U.S. Senate okays Bies, Olson to Fed board
US - The U.S. Senate on Thursday confirmed the nominations of bankers Susan Schmidt Bies and Mark Olson to the seven-member Federal Reserve Board, whose most visible job is setting U.S. interest rates.
Speech by Federal Reserve Chairman Alan Greenspan
SPEECH - Remarks by Federal Reserve Chairman Alan Greenspan at George Washington University, the Robert P. Maxon Lecture, Washington, D.C. 3 December.
Russia's Gerashchenko denies resignation rumours
RUSSIA - Chairman of the Central Bank of Russia (CBR) Viktor Gerashchenko said Thursday that he had no plans to resign from 1 January.
Bank Indonesia gets three new deputy governors
INDONESIA - The Indonesian parliament late Wednesday named three new deputy governors for Bank Indonesia, filling positions that had been left vacant for extended periods.
FSA Davies - C bank supervision not more effective
GERMANY - Howard Davies, chairman of the new U.K. Financial Services Authority, late Wednesday rejected the view that supervision of the financial sector may be more effective if carried out by an independent central bank rather than a non-central-bank…
Speech by Deputy Gov of the Reserve Bank of India
SPEECH - Inaugural address delivered by Shri Vepa Kamesam, Dy. Governor, Reserve Bank of India at Administrative Staff College of India, Hyderabad at a programme on 'Governance in Banks and Financial Institutions' on 22 November.