Regulation
Russia approves c bank version of banking reform
RUSSIA - The Central Bank, the Finance Ministry and the Economic Development Ministry have submitted to the government an agreed-upon document on the development strategy for the banking sector.
Sweden offers role model for UK financial watchdog
SWEDEN - Sweden offers role model for UK's financial watchdog - The FSA could learn from the experiences of the pioneering Nordic regulator, writes Christopher Brown-Humes in London FT, 4 December.
Brazil Senate panel okay Parnes as c bank director
BRAZIL - Brazil's Senate Economics Committee Tuesday approved the nomination of economist Beny Parnes as central bank international affairs director.
Speech by Alastair Clark of the Bank of England
SPEECH - Remarks by Alastair Clark, Executive Director of the Bank of England at the FBSA Annual Conference 2001 in London on 29 November.
European Central Bank Press Release
PRESS RELEASE - New ECB Regulation in the field of money and banking statistics, 22 November.
Riksbank reappoints Villy Bergstrom dep director
SWEDEN - The General Council of the Swedish Riksbank has voted unanimously to reappoint Villy Bergstroem as deputy governor and member of the bank's Executive Board for a period of six years.
Australian reserve bank hawks prime office space
AUSTRALIA - The Reserve Bank of Australia (RBA) is to lease out 6,000sq m of office space at its Martin Place, Sydney office.
EC concern over independence of Czech c bank
CZECH REPUBLIC - The European Commission (EC) is worried about continued threats to the independence of the Czech National Bank (CNB), including the independence of the bank's board members, according to this year's annual assessment report.
Repse hands in resignation to go into politics
LATVIA - The president of the Bank of Latvia, Einars Repse, handed in a resignation to the Latvian Parliament Speaker Janis Straume 30 November, so that he could draw attention to forming his new would-be political party already named Jaunais Laiks, or…
Thai bank supports action against ex-chief
THAILAND - Thailand's central bank has apparently endorsed plans to take punitive legal action against Rerngchai Marakanond, the institution's former governor, for exhausting the country's foreign exchange reserves to defend the baht against currency…
Singapore finalising licences for foreign banks
MALAYSIA - Singapore will announce the winners of the Qualifying Full Bank (QFB) and wholesale bank licences in the next few weeks, in a further move to open the domestic financial sector to foreign players, according to a report.
President appoints new Bank of Finland member
FINLAND - Finnish President Tarja Halonen on Friday appointed a surprise candidate to the Bank of Finland's board after an embarrassed government dropped the nominations of two veteran politicians.
BOJ to cut annual salary for executives by 0.4%
JAPAN - The Bank of Japan (BOJ) said Friday it will cut the annual salary of its executives for this fiscal year by 0.4% from the previous year.
Brazil faces tough task on reform
BRAZIL - Time is running out on the Brazilian government's efforts to garner support for key reforms as President Fernando Henrique Cardoso starts his final year in office.
Father of Latvian currency to resign
LATVIA - The father of Latvia's national currency will resign as head of the central bank on 30 November, but analysts and officials expect him to leave a legacy of stability and a well-run Bank of Latvia.
Egyptian draft law for independent c bank approved
EGYPT - Egypt's cabinet approved Tuesday a draft law to make the Central Bank of Egypt independent from the now-defunct economy ministry, according to a cabinet official.
Irish government hold on c bank gov post must end
ARTICLE - It is likely the Government will appoint a new governor for the Central Bank of Ireland within the next few months. Although the incumbent, Mr Maurice O'Connell, was appointed to a second term earlier this year, it is understood that he will…
London Club offer 'unacceptable' to Dinkic
Yugoslav officials appear in no rush to reach a conclusion over a $2.2bn ( £1.6bn) debt rescheduling in negotiations with the London club of private creditors.
Delay in naming new c bank dep gov in Indonesia
INDONESIA - The House of Representatives is expected to delay the appointment of three new Bank Indonesia deputy governors because of a month-long recess starting Wednesday, the Jakarta Post reports.
Verdict is delayed in Indonesian bank scandal
INDONESIA - An Indonesian court Wednesday postponed announcing its verdict on a multimillion-dollar corruption scandal allegedly involving the head of Indonesia's central bank.
New audit won't affect criminal process, Indonesia
INDONESIA - Finance Minister Boediono guaranteed on Tuesday that a new audit on the abuse of US$13 billion of Bank Indonesia emergency loans would not put an end to criminal investigations.
Finnish minister objects to one central bank pick
FINLAND - A senior Finnish minister on Wednesday proposed an alternative candidate to fill one of the vacant board positions at the Bank of Finland, setting up a possible showdown with the central bank's supervisors.
Speech by David Carse of the HKMA
SPEECH - Speech by David Carse, Deputy Chief Executive of the Hong Kong Monetary Authority, 28 November.
French strike threat to euro launch
FRANCE - A leading trade union from the French banking sector is planning to call a strike from 2 January.