Central Banking
BIS’s Caruana recommends capital ratios of above 10% in booms
Bank for International Settlements’ Jaime Caruana says that capital ratios for financial institutions could go above 10% in good times
Kenya launches new, improved website
Kenyan central bank enhances web presence
British official attacks EU hedge-fund rules
Lord Myners, a UK Treasury minister, labels Brussels’ draft hedge-fund code “ill considered” and “flawed”
BIS’s Caruana calls for rule-based approach
Jaime Caruana from the Bank for International Settlements says rule-based approach is needed to address the procyclicality of the financial system
German finance minister warns ECB on liquidity overhang
Peer Steinbrück joins Angela Merkel in warning of potential inflationary impact of central bank’s extraordinary measures
Hong Kong’s markets mirror US in turbulent times
Hong Kong Monetary Authority looks at financial market interactions with the US and mainland China
Institutions key for China’s growth
Bank of Finland analyses whether institutions matter for China’s economic performance
Bank of Japan – July Regional Economic Report
Bank of Japan sees pace of deterioration slowing
CEBS publishes draft liquidity guidelines
Committee of European Banking Supervisors issues consultation paper on liquidity buffers for financial institutions
Bretton Woods institutions launch website for autumn meetings
The World Bank and the International Monetary Fund set up a site for October gathering
Ex-IMF’s Johnson queries NY Fed’s bubble-bursting claims
Former International Monetary Fund research head challenges New York Fed’s Dudley claim that central bank can burst bubbles
ECB's Tumpel-Gugerell confident of adding sterling to T2S
Tumpel-Gugerell believes Bank of England can be convinced to participate in pan-European securities-settlement platform
Riksbank moves into negative rate territory
Sweden’s central bank, the world’s oldest, will on Wednesday become the first since the crisis began to penalise banks for holding deposits
Brussels bids to stabilise derivatives market
European Commission outlines proposals for derivatives-market revamp
Israel takes a step closer to new law
Stanley Fischer’s hard-fought campaign for a central-bank law appears to be nearing its close
Austrian banks well capitalised
National Bank of Austria says stress tests reveal banks sufficiently capitalised to withstand severe recession
Sri Lanka’s Wijewardena on integrity in microfinance
Central Bank of Sri Lanka’s W.A. Wijewardena covers credibility and reputational risk in the microfinance industry
Banks benefit more in bank-firm relationships
European Central Bank analyses the effects of bank-firm governance links on the global syndicated loan market
A fifth of prices change each month in Belgium
National Bank of Belgium examines how frequently prices change in Belgium
Central Bank of Iraq – Annual Statistics Bulletin 2007
Central Bank of Iraq publishes its Annual Statistics Bulletin
NY Fed’s Dudley: central banks must look to lean against the wind
New York Federal Reserve president backs calls for central banks to counter bubbles
Goodhart: central banks unprepared for liquidity support
Charles Goodhart, a former member of the Bank of England’s Monetary Policy Committee, says central banks have to devise common rules for liquidity support after crisis caught them out
Beijing steps up bid for renminbi to become reserve currency
China’s central bank issues rules aimed at enhancing currency’s international status but ex-governor says renminbi will only join euro and dollar after ten years or more
IMF sees signs of recovery in Zimbabwe
International Monetary Fund notes fledgling recovery following Harare mission