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Regulation

Holograms keep currency real

A special report by the US National Research Council entitled "A Path to the Next Generation of US Banknotes: Keeping them Real," suggests that holograms have a definitive role in combating banknote counterfeiting.

BoE's Gieve: London's City will prosper

Sir John Gieve, a deputy governor of the Bank of England, discussed London's growth as an international financial centre, its effect on financial innovation and the impact of growth in money and credit for the UK economy.

Fed under fire in Washington over supervision

In spite of the successes of his first 16 months in office, the relations of Ben Bernanke, the chairman of the US Federal Reserve, with the American Congress are deteriorating as the country's central bank is threatened with having some of its authority…

FSA's hedge fund supremo changes sides

The British Financial Services Authority has seen a number of its senior regulators leaving to join the ranks of the regulated, and the latest is Chris Rexworthy, who was responsible for setting up the Authority's hedge fund practice.

Hedge funds hope for voluntary standards

Thirteen of Europe's largest hedge funds are hoping to stave off political pressure for greater industry regulation by getting Sir Andrew Large, a former deputy governor of the Bank of England, to head a study group examining voluntary standards.

Polish watchdog merger in doubt, says report

Slawomir Skrzypek, the President of the National Bank of Poland, has proposed a delay in the government's plan to merge the banking regulator into the wider-ranging finance industry watchdog, according to newspaper reports.

Chinese regulator fines lenders

Two of the major commercial banks in China and six other financial institutions will be fined for lending money used by two state companies to buy stocks and real estate, despite official efforts to step up the regulation of state-owned banks and the…

Soludo on the Nigerian banking system

Following controversy over Springbank, the governor of the Central Bank of Nigeria, Charles Soludo, sought to reassure the public in this briefing that the banking system is safest and soundest it has ever been in its history.

FSA warns on private equity

The British Financial Services Authority (FSA) has voiced concerns over the "excessive level" of debt private equity firms use to buy out public companies.

Israel's Fischer on new banking law

Addressing the Knesset, Stanley Fischer, the governor of the Bank of Israel, urged lawmakers to push forward with a new law on the supervision of banking fees by the Supervisor of Banks.

Draghi keen on governance reforms for banks

The governor of the Bank of Italy, Mario Draghi, told the central bank's shareholder at the conclusion of its annual meeting that he backs Italian lawmakers' current effort to reform the governance arrangement for the country's cooperative commercial…

FSA issues hedge fund guidelines

In the latest development surrounding the regulation of hedge funds, the British Financial Services Authority (FSA) has issued guidelines clarifying its approach in four important areas of hedge fund regulation.

The future of UK regulation

In this speech, Dan Waters, director of Retail Policy at the Financial Services Authority, provides an overview of the main principles and applications of the authority's much-praised "principles-based" supervision.

A primer on Islamic finance

This IMF working paper provides a review of the current state of market development in Islamic finance and examines the legal and economic implications of shariah compliance.

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