Regulation
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,…
Report says Kozlov murder suspects charged soon
Official charges will be brought soon against the suspects recently arrested in relation to the murder of first deputy chairman of the Russian central bank Andrei Kozlov, Interfax quoted Prosecutor General Yury Chaika as saying Tuesday 16 January.
Court sanctions arrest of Kozlov murder suspect
A Moscow court on Monday 15 January sanctioned the arrest of a banker detained last week in connection with the investigation into the murder of a senior Russian central bank official.
Chile's Corbo on the Fund's medium-term strategy
In the speech 'The Fund's medium-term strategy - a view from Latin America and a dialogue with high-level officials' given on 11 December Vittorio Corbo of the Central Bank of Chile said after almost twenty years since the debt crisis of the eighties, a…
Bank of Italy rules to facilitate mergers - report
New Bank of Italy regulations allowing banks to make greater use of hybrid instruments for capital reserve requirements could facilitate mergers in the banking sector, Il Sole 24 Ore said Wednesday 10 January.
Bernanke on central banking & bank supervision
In the speech 'Central banking and bank supervision in the United States' given on 5 January Ben Bernanke of the Federal Reserve said that the Fed's job of regulating the nation's banks gives the central bank more expertise in dealing with financial…
Thailand reconsiders baht policy
Foreign investors bailed out of the Thai stock market in droves Tuesday 19 December, forcing Thailand's military government to go back on comments that it would not abandon just-announced measures aimed at stemming the country's surging currency.
Wellink on goals and strategies of Basel
In the speech 'Goals and strategies of the Basel Committee' given on 11 December Nout Wellink of the Netherlands Bank and Chairman of the Basel Committee said the Basel Committee's goals are to provide a forum for information sharing, to promote…
Trichet on defensive over ECB political attacks
European Central Bank president Jean-Claude Trichet defended the ECB against attacks by French politicians in an interview published Monday 18 December, saying that it has a mandate from governments and voters which guarantees its independence from…
Rethinking the governance of the IMF
This International Monetary Fund Working Paper attempts to set out the principal issues that need to be resolved in formulating a proposal for quotas and voice reform in the IMF that could command broad support.
SBP's Akhtar warns speculators of punitive steps
The governor of the State Bank of Pakistan, Dr Shamshad Akhtar, announced on Sunday 10 December that while the SBP would not intervene to stabilise the rupee exchange rate, it would take punitive action against market speculators.
Top prosecutor says Kozlov murder solved
The murder of Andrei Kozlov, first deputy chairman of the Russian central bank, has been solved, the Russian Prosecutor General said Tuesday 5 December.
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.