Regulation
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.
Cabraal on Sri Lanka & money laundering
In the speech 'Sri Lanka and its battle against money laundering and terrorist financing activities' given on 26 January Ajith Nivard Cabraal of the Central Bank of Sri Lanka said the International Monetary Fund has estimated that the aggregate amounts…
Sri Lanka's Jayamaha on financial regulations
In the speech 'Glimpse of current financial regulations' given on 13 November Ranee Jayamaha of the Central Bank of Sri Lanka said financial regulations are necessary given the complexity of financial transactions that are taking place here in Sri Lanka…
BIS' Knight on challenges of monetary policy
In the speech 'Objectives and challenges of monetary policy' given on 19 January Malcolm Knight of the BIS said a number of central banks intent on preventive action have actually turned to the use of supervisory instruments to promote credit restraint.
Role of MAS enhanced with Banking Amendment Bill
The Monetary Authority of Singapore's role as the central bank was enhanced on Monday 22 January when Parliament passed the Banking Amendment Bill, Channel News Asia reported.
New developments in Kozlov murder case
A woman was charged on Friday 19 January in connection with the murder of Russian central banker Andrei Kozlov.
Russia charges central banker murder suspect
Russian prosecutors on Wednesday 17 January charged a private banker with ordering the murder of Russian central bank first deputy chairman Andrei Kozlov.
Kozlov's murder - the real story
Financing hundreds of thousands of illegal under-the-table deals requires huge sums of money. Every month, in Russia mountains of "black cash", are exchanged illegally behind the scenes. As long as this parallel system of financial settlement exists,…