Regulation
Senate okays Bush regulatory picks
US - While Congress may be at an impasse in moving important legislation, the Senate has had no problems in confirming President Bush's picks for top regulatory posts.
DNB personnel not satisfied with the Bank's work
NETHERLANDS - The personnel of the Dutch central bank DNB is not satisfied with the work of the bank, research of the international association of trade unions (UNI) showed.
Saudi computerised supervision of bank systems
SAUDI ARABIA - The KSA Today newspaper reported details of the Central Bank plan to operate a computerized control network of the activities of the ATM systems in the country.
Saudi computerised supervision of bank systems
SAUDI ARABIA - The KSA Today newspaper reported details of the Central Bank plan to operate a computerized control network of the activities of the ATM systems in the country.
Argentine economy deputy resigns
ARGENTINA - Economy minister Domingo Cavallo's deputy, Daniel Marx, has resigned from the government, just hours after a general strike brought the country to a standstill.
Russian state Duma does not trust foreign audit
RUSSIA - On 11 December, the State Duma's commission on auditing of the Central Bank of Russia suggested giving preference to only one company, the Russian YUNIKON firm, as auditor of the Central Bank's performance for 2001.
Speech by William Poole of the St. Louis Fed Bank
SPEECH - Speech by William Poole, President, Federal Reserve Bank of St. Louis to the Financial Executives International, St. Louis Chapter, St. Louis, Missouri, 27 November.
Latvia's parliament accepts Repse's resignation
LATVIA - Latvia's parliament has accepted the resignation of central bank president Einars Repse.
Regulators try to ease fears on capital proposals
SWITZERLAND - International banking regulators yesterday intensified efforts to meet industry concerns over the complexity of proposed new rules governing the amount of capital banks must hold.
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.