Central Banking
Raise liquidity rule for property funds – Buba
Analysis of German real-estate funds during the crisis shows that regulators should impose a higher liquidity ratio, a new paper from the Deutsche Bundesbank argues
Nomura deputy says thanks for Lehman
Nomura's UK vice chair says he is “extraordinarily grateful” for biggest bankruptcy in history, says bankers not greedy, just playing by the rules
Tucker: “no clear idea” on too-big-to-fail fix
Bank of England's Paul Tucker acknowledges lack of clarity in solving too-big-to-fail problem
Nigeria removes three more bank bosses
Phase two of the Central Bank of Nigeria’s special examination shows four more banks were in dire straits
FSA’s tough liquidity requirements spook bankers
The Financial Services Authority’s tightened liquidity rules could impede recovery, says trade group
Strauss-Kahn cagey on reform details
International Monetary Fund managing director says “much too early” to discuss details of new plans for lender-of-last-resort role
Accounting standards and capital regulation for securitisation
Bank for International Settlements looks at how regulators could alter the securitisation chain and its influence on originators’ incentives
Bankers play down moral hazard
Institute for International Finance says banks will not take advantage of too big to fail, says capital rules could hinder growth if too harsh
Traders’ inventories affect market liquidity
Philadelphia Federal Reserve investigates how holdings of mortgages will affect traders’ propensity to buy and sell further
Strauss-Kahn covets lender-of-last-resort role
Dominique Strauss-Kahn says International Monetary Fund must become a global lender of last resort to temper emerging Asia's desire to hold reserves
Norway’s SWF pushes for independent chairmen
The investment management arm of Norges Bank files shareholder resolutions seeking independent chairmen with four US companies
Banks and their profits will shrink: Buba’s Weber
Bundesbank president says industry will benefit from post-crisis blood-letting
World Bank unit launches $5 billion bad-debt fund
Debt and Asset Recovery Program (DARP) will debt and asset recovery in both middle income countries and in smaller, poorer developing countries
Czechs don’t need to import monetary policy – Tuma
Czech National Bank’s Zdenek Tuma says euro adoption is a purely political not economic decision
How to drive debt long-termism in emerging markets
World Bank’s studies the extent of emerging-markets’ domestic demand for long-term debt instruments
Much more to be achieved in regulation: Trichet
ECB President outlines the priorities for legislators
BoJ says institutions must manage risk better
BoJ’s September Financial System Report outlines the four key challenges faced by Japanese financial institutions
Bernanke calls for extended supervisory reach
Ben Bernanke’s five-point plan for regulatory reform includes call to share accountability for systemic risk with other regulators
Minneapolis Fed names macroeconomist as president
The Federal Reserve Bank of Minneapolis appoints academic Narayana Kocherlakota as its new president
UK Households face lending constraints – survey
The Bank of England’s quarterly survey shows lending to households has declined, but credit is increasingly available to the corporates
Fed will be ready for exit: Kohn
Donald Kohn, vice chairman of the Federal Reserve, says the central bank will be fully prepared to tighten expansionary policy
Bank of Ghana appoints new governor
Economist and former deputy finance minister Kwesi Bekoe Amissah-Arthur takes over from Paul Acquah
Central Bank of Solomon Islands – Annual Report 2008
Central Bank of Solomon Islands sees subdued growth and further deterioration in the balance of payments ahead, according to its latest Annual Report
IMF’s new exchange-rate terms explained
International Monetary Fund explains revisions to its system for the classification of exchange rate arrangements