Regulation
Chief to IMF office in Seoul
SOUTH KOREA - Paul Grunwald has been appointed as chief of the IMF office in Seoul, South Korea.
Progress in the Italian Banking System
SPEECH - The Governor of the Bank of Italy, Antonio Fazio, gave a speech on 3 July at the Italian Bankers' Association, Annual Meeting.
Armenia's top officials must declare their income
ARMENIA - The Armenian parliament has passed a law on the declaration of income and property by high-ranking officials, including the central bank, in Armenia.
Bank's legal might cited as grounds for appeal
UK - The fact that orders by the Bank of Thailand to financial institutions carry the equivalent weight of the law could serve as the basis for an appeal by the government in the Pin Chakkaphak extradition case.
BIS International Banking Statistics - Q1 2001
EUROPE - The latest report by the Bank for International Settlements reveals a significant increase in lending to offshore centres in the Caribbean last year, which could be the result of increased hedge-fund activity.
The Origins and Evolution of Central Banking
SPEECH - President and Chief Executive Officer of the Federal Reserve Bank of Cleveland, Jerry Jordan, at the Central Bank Institute Conference, Renaissance Cleveland Hotel, Cleveland, Ohio, 21 May.
PBOC cracks down misconduct in securities, banking
CHINA - The People's Bank of China (PBOC), the country's central bank, plans to focus its efforts on cracking down on misconduct within the financial markets.
Thai c bank delays new forex reporting rules
THAILAND - The Bank of Thailand won't issue the details of its revised foreign exchange reporting requirements until some time in August, a bank official said 30 July.
Sri Lanka c bank to slowly lift forex restrictions
SRI LANKA - Sri Lanka's central bank said 30 July it will gradually lift several restrictions on the foreign exchange market that were imposed when the rupee was floated in January.
Costello taps Warwick McKibbin for RBA board
AUSTRALIA - Australian Treasurer Peter Costello said today, 26 July, he appointed academic Warwick McKibbin as a member of the Reserve Bank of Australia's board.
Fed's Ferguson takes oath for new term
UNITED STATES - After spending two years in political limbo, U.S. Federal Reserve Vice Chairman Roger Ferguson was sworn in today, 26 July, for a second term on the U.S. central bank board, the Fed said.
Chinese c bank formulates financial insolvent law
CHINA - Wu Xiaolin, the vice president of the People's Bank of China, recently declared that foreign financial organisations will come to Chinese markets after China's entry into WTO. It will make the competition in the financial industry more violent…
Safeguarding financial stability - key issues
SPEECH - Vahur Kraft, Governor of the Bank of Estonia spoke at a conference on the Challenges for the Unified Financial Supervision in the New Millennium, Tallinn, Estonia on 2 July.
Is Greenspan growing tired of his task?
ARTICLE - Alan Greenspan has always been as good a politician as he is a central banker. The Federal Reserve chairman is the master of the non-answer-answer to a hostile question and he does it with remarkable grace. Last week's appearance on Capitol…
BIS urges watch on Asian c.bank balance sheets
AUSTRALIA - The Bank for International Settlements said today, 24 July, more attention should be paid to the balance sheet independence of central banks in Asia.
Thai c.bank to finalise new forex rules this week
THAILAND - A senior Bank of Thailand (BOT) official said on 24 July changes to forex trade reporting rules for foreigners would go to the governor for approval this week.
Bank Indonesia extends capital adequacy deadline
INDONESIA - Bank Indonesia has extended its deadlines for banks to achieve a minimum capital adequacy ratio (CAR) of 8 per cent.
Philippine Bank will strictly enforce Forex rules
PHILIPPINES - In a stern warning to banks deemed responsible for several days of volatility in the peso market, the Philippine Central Bank said today, 23 July it will strictly implement existing sanctions against violators of foreign exchange rules,…
O'Neill believes ECB is not fully independent
US - U.S. Treasury Secretary Paul O'Neill said on 23 July that the European Central Bank is not totally independent from the views of the most influential member states of the euro zone.
Argentina softens economic reforms
ARGENTINA - The Argentine government is to soften its belt-tightening economic reforms after two days of crippling strikes and protests.
The Brazilian Supervisory Framework - Developments
RESEARCH - Brazil's central bank, Banco Central Do Brasil, has recently published a paper tiltled 'Recent Developments in the Brazilian Supervisory Framework - Consolidated Supervision in Brazil.'
Singapore MAS to hold 30th anniversary conference
SINGAPORE - The Monetary Authority of Singapore (MAS) will host a central bankers' conference tomorrow, 20 July to mark its 30th anniversary, the central bank said in a statement on Wednesday 18 July.
Central bank Cooperation planned
POLAND - The National Bank of Poland (NBP) has officially signed cooperative agreements with its French and Italian counterparts at a ceremony in Warsaw.
Bank of Canada names deputy gov of finance markets
CANADA - Sheryl Kennedy has been asked to serve as deputy governor of financial markets for Bank of Canada.