Regulation
BoJ's Iwata says fair competition important
Bank of Japan deputy governor Kazumasa Iwata on Thursday 7 December underscored the need to ensure fair competition between two subsidiaries of Japan Post when the 10-year postal privatisation process begins in October.
Garganas looks to reform of banking regulation
Greek central bank governor Nikos Garganas told a banking forum on Tuesday 5 December that he wanted to see reform of banking regulation.
Fed's Bies on Basel II implementation
In the speech 'A U.S. perspective on Basel II implementation' given on 30 November Susan Schmidt Bies of the Federal Reserve defended a new capital plan for large U.S. banks but signalled that some cumbersome parts of the plan could be streamlined.
Lacker on regulators and financial innovation
In the speech 'How should regulators respond to financial innovation?' given on 1 December Jeffrey Lacker of the Federal Reserve Bank of Richmond said financial regulators need to ensure that institutions such as banks have practices in place for…
Fed's Bies backs Basel II
Susan Bies, a governor at the Federal Reserve, reiterated her commitment to the new capital accord, but noted that there would be differences in implementation in the US and across borders.
Central bankers in Islamic FSB
The governor of the State Bank of Pakistan, Shamshad Akhtar, has been appointed deputy chairperson of the Islamic Financial Services Board (IFSB) for 2007.
Bank of Israel calls in the cops
The Bank of Israel has submitted a formal complaint to the Israel police after an internal report on the new-appointed banking supervisor was leaked to the press.
How independent should a central bank be?
According to this article by William Keegan at The Observer, published Tuesday 21 November, as Prime Minister, Gordon Brown wouldn't dare to tamper seriously with the system at the Bank of England for which he has received so much praise.
Serbia concerned on central bank independence
The governor of the National Bank of Serbia (NBS) has expressed concern that the independence of the central bank has been 'seriously compromised,' according to a report by the Financial Times on Monday 20 November.
BOT to enhance regulatory practices
Tarisa Watanagase, the new governor of the Bank of Thailand, said Wednesday 15 November that the central bank will look to enhance efficiency and apply the best international regulatory practices to the banking system.
Iraqi central bank officials get skills boost
A five-day workshop offering training to officials from the Central Bank of Iraq was launched Monday 13 November in Bahrain.
Russia's Melikyan vows to close banks
The Russian central bank will press on with its cleanup of the banking system despite the murder of reformist banking supervisor Andrei Kozlov, the man who took over his role said in an interview Friday 10 November.
Cleveland's Pianalto on the Federal Reserve System
In the speech 'An overview of the Federal Reserve System' given on 5 October Sandra Pianalto of the Federal Reserve Bank of Cleveland said the official data that are available are just not current enough for a forward-looking enterprise like monetary…
Keeping faith in CBK's supervisory obligation
According to this article published Tuesday 7 November by the Kenya Times, a logical move by the Central Bank of Kenya to shut down the country's twenty or so banks affected by bad debts would have had dire implications for the economy.
Islamic banking MoU signed in Pakistan
A Memorandum of Understanding (MoU) was signed on Monday 6 November to promote Islamic Banking in Pakistan.
OECD's Gurria on the role of bank supervisors
In the speech 'The role of bank supervisors in the fight against corruption' given on 5 October Angel Gurria of the OECD said a recent OECD study found that only a few countries have developed guidelines and typologies on money laundering transactions…
Riksbank's Ingves on banking reforms
In the speech 'Banking reforms' given on 3 November Stefan Ingves of the Sveriges Riksbank said during the last twenty years, many countries have embarked on reforms of the banking and financial services industry.
Three decades of fund memories
William Keegan looks back on 30 years of often-rancorous meetings of the Bretton Woods twins
IMF paper on integration of the securities market
The IMF Working Paper "Integration of the securities market infrastructure in the European Union: Policy and regulatory issues" examines the impact of ongoing cross-border integration of securities market infrastructure in the European Union.
Proposed bill gives govt powers over BOJ staff
The Democratic Party of Japan aims to revise the Bank of Japan Law so that the government can dismiss the BOJ governor and other executives if they cause distrust in central bank policy management, Jiji Press said.
It's the imbalances, stupid
Rachel Lomax, a deputy governor of the Bank of England, dismissed suggestions that the International Monetary Fund had outlived its usefulness in a speech in London on Wednesday 1 November.
4th IFSB summit underway
Eight central bank governors will join Sultan Bin Nasser Al Suwaidi, governor of the United Arab Emirates central bank, in attending the 4th Islamic Financial Services Board (IFSB) Summit.
Iraq central bank officials to train in Bahrain
Sixteen high-ranking officials from Iraq's central bank are to undergo advanced training at the Bahrain Institute of Banking and Finance, the Gulf Daily News reported on Tuesday 31 October.
Problem banks may explain Kozlov murder
Former chairman of the Central Bank of Russia, Viktor Gerashchenko, was quoted by RIA Novosti as saying on Monday 30 October that the murder of the CBR's first deputy head in mid-September may have been ordered by a client of a commercial bank under…