Regulation
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.
US lists advanced Basel II qualification rules
The four US regulatory agencies responsible for Basel II have detailed how firms may qualify to use the advanced approaches of the framework.
SEC memorandum a short-term fix: Bernanke
The memorandum of understanding (MOU) between the Securities and Exchanges Commission (SEC) and the Federal Reserve, introduced Monday, is only meant to address the short-term issues surrounding the regulation of investment banks, Ben Bernanke, the…
Pakistan's plans consolidated supervision
Pakistan's central bank is moving towards a consolidated supervision system, said Shamshad Akhtar, the governor of the State Bank of Pakistan, in a speech detailing a ten-year strategy for the financial sector.
Sarkozy in SWF U-turn
Nicolas Sarkozy, the French president, is having second thoughts about sovereign wealth funds. So much so that he is even suggesting that France should have one.
Fed on hedge funds resilience
The hedge fund industry is generally robust in the face of different market shocks, finds a new paper from the Federal Reserve.
We must be able to let a Bear go bust: Paulson
Hank Paulson, the US Treasury Secretary, called on Wednesday for a regulatory system that can withstand the failure of a large and complex financial firm.
CNB - 2007 report on financial supervision
The Czech National Bank discusses implementation of Basel II and the Markets in Financial Instruments Directive (MiFID) in its latest regulatory review.
US regulator approves Basel II for smaller banks
The Federal Deposit Insurance Corporation (FDIC), one of the US's regulatory agencies, on Wednesday approved a version of the Basel II framework designed for the country's smaller banks.
How to put the City into financial stability
Michael Foot, a former executive director responsible for supervision at the Bank of England, suggests ways to limit potential conflicts of interest in appointing City of London bankers to the new Financial Stability Committee at the Bank.
SNB wants big banks to hold more capital
The Swiss National Bank has urged the country's regulator to impose more stringent capital requirements on UBS and Credit Suisse, the two biggest banks in Switzerland.