Regulation
Thailand’s Watanagase on financial inclusion
Bank of Thailand’s Tarisa Watanagase on improving financial inclusion
Ex-SEC heads look to limit Fed’s powers
An investor group chaired by two former SEC chairmen says Fed should not be granted responsibility for systemic risk
Central counterparties for CDS compared
Ad hoc industry group comprising both buy-side and sell-side publishes report on credit-default-swap central counterparties
Basel II enhancements released
Basel Committee on Banking Supervision announces revisions to supervisory framework and rules on trading-book capital
New Zealand issues risk guidelines for non-banks
Reserve Bank of New Zealand expands focus of risk-management rules beyond banks
Fed’s Greenlee: further stress testing needed
Federal Reserve’s Jon Greenlee says that many institutions would benefit from additional stress testing
Kenya – Bank Supervision Annual Report 2008
Central Bank of Kenya’s latest Bank Supervision Annual Report notes that domestic banks continue to embrace new technology
IMF research highlights regulatory governance gap
International Monetary Fund paper criticises non-bank regulators for failing to see stability as part of their mandate, finds frameworks for insurance supervision flawed
UK government wards Bank off leaning against wind
Alistair Darling’s long-awaited proposals beef up bank regulation but say the Bank of England should avoid leaning against the wind with rate moves
BIS’s Caruana recommends capital ratios of above 10% in booms
Bank for International Settlements’ Jaime Caruana says that capital ratios for financial institutions could go above 10% in good times
British official attacks EU hedge-fund rules
Lord Myners, a UK Treasury minister, labels Brussels’ draft hedge-fund code “ill considered” and “flawed”
BIS’s Caruana calls for rule-based approach
Jaime Caruana from the Bank for International Settlements says rule-based approach is needed to address the procyclicality of the financial system
Brussels bids to stabilise derivatives market
European Commission outlines proposals for derivatives-market revamp
Sri Lanka’s Wijewardena on integrity in microfinance
Central Bank of Sri Lanka’s W.A. Wijewardena covers credibility and reputational risk in the microfinance industry
Japan appoints new currency policy, regulatory chiefs
Japan’s ministry of finance makes new appointments in its July reshuffle
BoE’s Haldane outlines views on capital rules
Bank of England''s financial stability executive director says capital levels were possibly way too low before crash
BoE’s Haldane: OTC markets need reforming
Bank of England’s Andy Haldane says over-the-counter post-trade infrastructure needs top-down push to reform
Washington's timetable for regulatory reform
Patton Boggs, a law firm,sets out how and when Obama's proposals for US financial regulation reform will become law in 2009
BoE’s Tucker: banking social contract needs reform
Bank of England’s Paul Tucker says that banks must adjust and it will not be cheap
Fed Hoenig: new rules must be simple
Kansas City Federal Reserve’s Thomas Hoenig calls for new rules for systemically-important institutions to be comprehensible
FSA's Turner moots role for ring-fencing
The head of Britain's banking regulator suggests separating overseas operations ay be necessary for cross-border banks
New Zealand publishes liquidity guidelines
Reserve Bank releases prudential rules