Regulation
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.
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.