Regulation
Akhtar on Pakistan's regulatory framework
In the speech 'Pakistan - regulatory and supervisory framework' given on 5 March Shamshad Akhtar of the State Bank of Pakistan said the Bank of Finland takes a very positive attitude to the drive for efficiency through deeper cooperation.
Russian deputy: CB should keep oversight function
The Russian central bank should not be stripped of its oversight functions, first deputy chairman Gennady Melikian told a press conference on Thursday 15 March.
Bulgarian governor nominates deputy
The governor of the Bulgarian National Bank (BNB) Ivan Iskrov on Thursday 15 March nominated Rumen Simeonov, 55, to take over as deputy governor in charge of bank supervision from Emilia Milanova.
Qatar considers single financial regulator
According to a recent article published by the Gulf Times, 'Doha mulls UK-style single regulator', Qatar is considering a single financial regulator along the lines of the UK as part of its efforts to form an umbrella organisation.
Fullani on a vision of the Albanian economy
In the speech 'A vision for the future of the Albanian economy and financial system' given on 6 March Ardian Fullani of the Bank of Albania said the Bank of Albania aims to formulate and later on, implement a medium-term strategy for the development,…
Tetangco on supervision in the Philippines
In the speech 'Meeting the challenges of a rapidly changing supervisory and regulatory landscape' given on 21 February Amando M Tetangco of the Central Bank of the Philippines said the regulatory reforms in central banking are inevitable across all…
Wellink on risk management & financial stability
In the speech 'Risk management & financial stability - Basel II & beyond' given on 27 February Nout Wellink of the Netherlands Bank said there is a great deal of uncertainty around the nature of risks in the markets, the adequacy of risk premia and what…
ECB's Wellink criticises ABN AMRO break-up call
European Central Bank governing council member Nout Wellink said hedge fund TCI was going too far in calling for a break-up of Dutch bank ABN AMRO, Dutch daily NRC Handelsblad reported.
Washington favors vigilance over hedge-fund rules
This article from The Associated Press, published Friday 23 February, looks at comments from officials that increased vigilance, not new rules, is the best way to handle risks in the hedge-fund industry.
Fed's Bies says bad mortgage debt not problem
Federal Reserve governor Susan Bies said in a speech Tuesday 20 February the bulk of the mortgage market was not troubled by bad debt problems, which were concentrated in the subprime, tarnished-credit sector.
Central banks face rising pressure from politician
According to this article published on the International Herald Tribune's website on Monday 19 February, political pressure is intensifying on central banks.
Cyprus cb governor's comments
According to an article the Cyprus Mail published this week, recent comments by the governor of the Central Bank of Cyprus are unprofessional and undermine the credibility of the institution.
SAMA's Al-Sayari on Islamic banking
In the speech 'Islamic banking prudential standards' given on 15 February Hamad Al-Sayari of the Saudi Arabian Monetary Agency said Basel and other standards have helped create an appropriate environment for banking business which supports competition.
Kansas Fed's Hoenig on competitive capital levels
In the speech 'Ensuring adequate and competitive capital levels in a rapidly changing banking environment' given on 5 February Thomas Hoenig of the Federal Reserve Bank of Kansas City said for new capital standards and the remainder of our supervisory…
Managing compliance and operational risk
Ulrik Knudsen, Jesper Berg and Hyldahl explain how Denmark's central bank has tackled compliance and operational risk in it's market operations department
Cleveland Fed's new Head of Banking Supervision
Stephen Jenkins has been appointed senior vice president responsible for the banking supervision function at the Federal Reserve Bank of Cleveland, effective 1 March 2007.
Basel Committee issue consultative paper
The Basel Committee on Banking Supervision on Wednesday 7 February issued for public comment a paper entitled Principles for home-host supervisory cooperation and allocation mechanisms in the context of Advanced Measurement Approaches (AMA).
IMF paper on financial sector supervisors
According to the IMF Working Paper "The fear of freedom: Politicians and the independence and accountability of financial sector supervisors" compared with the case of central bank independence, independence for financial sector supervisors remains more…
PBOC tells lenders to monitor loans closely
The Shanghai branch of the People's Bank of China has told local lenders to tighten examination of loans to prevent illegal inflows of funds into the stock market, the official Xinhua News Agency reported Tuesday 6 February.
Russia and Azerbaijan agree on banking supervision
The Bank of Russia and the National Bank of Azerbaijan have signed an agreement on cooperation in banking supervision, RBC reported Tuesday 6 February.
Taiwan signs MOU with Philippines central bank
Taiwan's Financial Supervisory Commission announced Friday 2 February it had signed a Memorandum of Understanding (MOU) with the Central Bank of the Philippines.
IMF paper on building supervisory structures
The IMF Working Paper "Building supervisory structures in Sub-Saharan Africa - An analytical framework" says that current trends in financial sector development in sub-Saharan Africa are prompting policymakers to focus on the design of appropriate…
Bank of Russia appoints new deputy chairman
The Bank of Russia said Thursday 1 February that it had appointed a new deputy chairman to replace Andrei Kozlov, who was shot dead in a crime widely linked to his work at the central bank.
HKMA says close monitoring needed on hedge funds
Hedge funds' activity needs to be monitored closely because their 'risk-taking . . . is often excessive,' the Hong Kong Monetary Authority (HKMA) said in a paper.