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Regulation

Interview: Rasheed Al Maraj

The governor of the Central Bank of Bahrain tells Malan Rietveld that the country’s conservative approach to finance, regulation and construction is paying dividends in a time of crisis

US set for new regulator?

The United States administration is considering setting up a regulator to oversee certain financial products, it emerged on Wednesday.

Ex-FDIC's Seidman dies

Bill Seidman, the chairman of the Federal Deposit Insurance Corporation (FDIC) who presided over the savings and loan crisis, has died.

SNB's Hildebrand wants global bankruptcy code

Philipp Hildebrand, a member of the Swiss National Bank's governing board who will take the helm next year, has called for global insolvency standards as a means to handle the too-big-to-fail and too-big-to-save problems.

Bernanke stresses benefits of innovation

Ben Bernanke, the chairman of the Federal Reserve, has urged lawmakers to beware of regulating to prevent financial innovation, though he acknowledged that new products had to be transparent and understandable.

British regulator denies whistleblower claims

The Financial Services Authority (FSA), the United Kingdom's financial regulator, has parried allegations made by a former employee that it had allowed building societies to become involved in areas of finance that they knew little about.

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