Regulation
Bank rescue - or protection racket?
Will 19 September 2008 go down in history as a day when wise and courageous politicians took the steps necessary to rescue the global banking system, or as the last throw of the dice? Maybe neither of these - maybe it will be remembered just as another…
Market pressure matters for capital
Market pressure was an important factor in the banks' capital build-up during the early 1990s, according to a new paper by the National Bank of Belgium.
Norges's Gjedrem: rethink deposit guarantee
Reducing commercial bank deposit guarantees per customer would bring the Norwegian system more into line with guarantee schemes in other countries, said Svein Gjedrem, the governor of the Norges Bank.
Tumpel-Gugerell: we need a European SEC
Europe's needs to get its house in order to be prepared for the global challenges related to the infrastructure for securities, said Gertrude Tumpel-Gugerell, a member of the executive board f the European Central Bank.
Banking consolidation continues apace
After months of speculation of its weakest elements, the global banking sector has undergone what many are calling a long overdue consolidation within the space of a few days. Here's a summary of what has happened, its happening - and may happen next.
Kenya's Ndung'u on regional integration efforts
Harmonisation of East African banking supervision and regulation is at the top of the agenda of regional central banks, said Njuguna Ndung'u, the governor of the Central Bank of Kenya.
Fed hosting crisis talks for insurance giant
The Federal Reserve Bank of New York is facilitating crisis talks between state insurance regulators, private sector investors and the management of American Insurance Group (AIG) to devise an emergency capital injection for the beleaguered insurance…
Trichet: new rules need international consent
New regulatory rules need to be agreed by regulators at the international level, said Jean Claude Trichet, the president of the European Central Bank.
RBNZ's regulatory role expanded
Wellington has broadened the supervisory scope of the Reserve Bank of New Zealand, making the central bank responsible for the regulation of non-bank deposit takers.
Fed investigated Lehman whispers - WSJ
The Federal Reserve called up Credit Suisse, a bank, on the back of rumours that it had closed a credit line to Lehman Brothers, an investment bank, the Wall Street Journal said Thursday.
Adopt Basel II with care: Malaysia's Zeti
Emerging-market authorities must adapt Basel II with particular attention to local conditions, said Zeti Akhtar Aziz, the governor of the Central Bank of Malaysia.
UK regulator slaps $10m fine on Credit Suisse
Credit Suisse, a Swiss bank, is to shell out £5.6m ($10.4m) in fines for mispricing a number of asset-backed securities.
Bahrain - Annual Report 2007
The Central Bank of Bahrain introduced many regulatory changes in 2007, according to its latest annual report.
Bahrain: Islamic finance rulings lack consistency
There is a lack of consistency in the regulation of Islamic finance, said Rasheed Al Majar, the governor of the Central Bank of Bahrain.
Europe the best-regulated region: IMF
European authorities lead the world in regulation, says new research published by the International Monetary Fund (IMF).
Nigeria presses banks to post loan costs
The Central Bank of Nigeria is enhancing transparency for the country's consumers by requiring banks to disclose their loan costs and deposit rates on the internet.
Corrigan report calls for risk overhaul
A study group headed by Gerry Corrigan, a former New York Fed chief, has urged all major financial institutions to make wide-ranging and far-reaching changes to the way they handle risk.
Interview: Zeti Akhtar Aziz
The governor of Bank Negara Malaysia tells Claire Jones, the editor of Central Bank News, why the country’s banking sector has survived the credit crunch
Czech executive director quits
Leos Ptr, the executive director responsible for financial market supervision at the Czech National Bank, resigned Thursday.
Why South Africa avoided the crunch
South African banks have been mostly insulated from the global turmoil as the banking sector has had no direct exposure to the subprime mortgage market, reports the South African Reserve Bank's bank supervision department.
EU needs more crisis coordination
European Union financial regulators need to improve crisis prevention and management, and their supervisory structures, says research from Deutsche Bank.
Fed and SEC vie to regulate investment banks
The heads of Securities and Exchange Commission and the New York Federal Reserve made the case for their institution to supervise investment banks before US lawmakers.
Case for covert special liquidity support opaque
Michael Foot, a former executive director for supervision at the Bank of England, weighs up the pros and cons of allowing the Bank of England to lend in secret.
Israel's Fischer praises bank fees reform
A recent reform of bank fees will increase competition and lower the costs for customers, said Stanley Fischer, the governor of the Bank of Israel.