Regulation
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.
FSA pushes for covert Bank support
The Financial Services Authority (FSA), the UK's financial regulator, has devised a proposal to allow the Bank of England to provide lender-of-last-resort support in secret.
Basel Committee issues revised Basel II rules
The Basel Committee on Banking Supervision has issued proposals aimed at better aligning Basel II's capital requirements with banks' risk profile.
Banks offer regulatory fix
The banking industry has developed a code of conduct to respond to the flaws highlighted by the global credit crunch.
Fed supports minority depository institutions
Randall Kroszner, the governor of the Federal Reserve responsible for supervision, has underscored the central bank's commitment to preserving and supporting minority depository institutions.
US regulators issue guidance on Basel II
The four US regulators responsible for the Basel II framework have published final guidelines on how banks adopting the advanced approaches can best carry out the supervisory review process.
Fed tightens lending standards
The Federal Reserve on Monday approved a series of measures which it hopes will protect consumers against the sort of misleading lending practices considered partly responsible for the subprime crisis.
Swiss regulator heeds calls for tougher rules
The Swiss Federal Banking Commission, the industry regulatory, has written to the country's two biggest banks to outline plans to enforce more stringent capital requirements.
Fed official on regulating derivatives markets
Patrick Parkinson, the deputy director of the Federal Reserve's research and statistics department, has told the US Senate how he believes derivatives markets should be supervised.