Regulation
Buba to be sole banking regulator
Germany’s incoming coalition government strips Bafin, the country’s financial services authority, of remit to regulate banks
British FSA gets tough on liquidity
Financial Services Authority’s Sally Dewar says banks will have to hold more liquid assets to cut out social costs of crisis
Fed’s Lacker: economics key for financial education
Richmond Federal Reserve’s Jeffrey Lacker says financial education programs should include economics
Islamic finance inherently robust: Malaysia’s Zeti
Malaysia’s central bank governor says fundamental Islamic principles set out a resilient strategy for risk management
FSA’s Turner on making EU rules a success
Financial Services Authority’s Adair Turner sets out factors to determine success of European Union proposals
Culture matters for regulation
Bank of Italy says trust has impact on preferences for regulation
Raise liquidity rule for property funds – Buba
Analysis of German real-estate funds during the crisis shows that regulators should impose a higher liquidity ratio, a new paper from the Deutsche Bundesbank argues
Nomura deputy says thanks for Lehman
Nomura's UK vice chair says he is “extraordinarily grateful” for biggest bankruptcy in history, says bankers not greedy, just playing by the rules
Tucker: “no clear idea” on too-big-to-fail fix
Bank of England's Paul Tucker acknowledges lack of clarity in solving too-big-to-fail problem
Nigeria removes three more bank bosses
Phase two of the Central Bank of Nigeria’s special examination shows four more banks were in dire straits
FSA’s tough liquidity requirements spook bankers
The Financial Services Authority’s tightened liquidity rules could impede recovery, says trade group
Accounting standards and capital regulation for securitisation
Bank for International Settlements looks at how regulators could alter the securitisation chain and its influence on originators’ incentives
Bankers play down moral hazard
Institute for International Finance says banks will not take advantage of too big to fail, says capital rules could hinder growth if too harsh
Much more to be achieved in regulation: Trichet
ECB President outlines the priorities for legislators
Recovery underway, but risks remain – IMF
Global Financial Stability Report cuts financial loss projection
Banks’ funding models to blame for the crunch
ECB Executive Board member Gertrude Tumpel-Gugerell says funding switch weakened banks, complex instruments alone not the cause of the crisis
Banks bend rules in crises: IMF paper
Authors show that banks used discretion in classifying mortgage debt and in accounting for related losses and assets
Wanted: paranoid and unpopular central bankers
Panel says central bankers must look for risk everywhere and be prepared to implement unpopular policies to prevent the next crisis
Buba’s Weber charts history of regulation
History points to regulation’s frailties, notes Bundesbank’s Axel Weber
Volcker: narrower role would make Fed too detached
Paul Volcker says removing supervision from Fed’s ambit would risk turning central bank into “academic seminar”
Buba’s Zeitler: regulatory capital a key issue
Bundesbank’s Franz-Christoph Zeitler commends capital measures but warns implementation should not occur until after the crisis is at an end
European Commission finalises regulatory fix
Commission unveils reform agenda, as proposed by De Larosière report
ECB’s Tumpel-Gugerell presents path to better banking
European Central Bank executive board member spells out how banks’ business models need to change
Influential senator wants US supraregulator - report
Senate Banking Committee’s Chris Dodd wants four American supervisors to merge into one, says report