Central Banking
Bank of England vacancy may breach constitution
UK - The Bank of England may be left in breach of the terms of its legal constitution if Gordon Brown, UK Chancellor, fails to appoint a replacement for David Clementi, the outgoing deputy governor, by the weekend, the FT reported on Thursday.
Reserve Bank of Australia - Annual Report 2002
ANNUAL REPORT - The Reserve Bank of Australia has published its Annual Report for the year ended 2002. In his foreword to the Annual Report 2002 the Governor, Ian Macfarlane, said the Australian economy has had a relatively trouble-free year, but that…
European Central Bank Publication
PUBLICATION - The European Central Bank has published it's euro banknotes and coins, brochure, August 2002.
Sveriges Riksbank Press Release
PRESS RELEASE - Governor Urban Backstrom spoke on Saturday at the 5th ACI Nordic Congress in Gothenburg on the topic of "What happened to the new economy?"
Bank of Mongolia - Annual Report 2001
ANNUAL REPORT - The Bank of Mongolia has published its Annual Report for the year ended 2001.
Bank of the Netherlands Antilles - An Report 2001
ANNUAL REPORT - The Bank of the Netherlands Antilles has published its Annual Report for the year ended 2001.
Central Bank of Samoa - Annual Report 2000
ANNUAL REPORT - The Central Bank of Samoa has published its Annual Report for the year ended 2000.
Bank of Sierra Leone - Annual Report 2001
ANNUAL REPORT - The Bank of Sierra Leone has published its Annual Report for the year ended 2001.
Bank of Slovenia - Annual Report 2000
ANNUAL REPORT - The Bank of Slovenia has published its Annual Report for the year ended 2000.
Survey of Professional Forecasters
SURVEY - The Federal Reserve Bank of Philadelphia has published its Survey of Professional Forecasters for the Third Quarter 2002. The U.S. economy is expected to grow in each of the next five quarters, but growth rates will likely be lower than those…
BIS Press Release
PRESS RELEASE - Basel Committee releases survey on internal audit in banks, 28 August. The Basel Committee on Banking Supervision is today publishing the results of a survey of internal audit issues in banks in 13 countries utilising the framework of the…
Basel Committee Publications No. 92
REPORT - Internal Audit in Banks and the Supervisor's Relationship with Auditors: A Survey, August 2002. The survey, conducted by the Basel Committee's Accounting Task Force, found widespread endorsement of the key internal audit principles identified by…
Belarus to abide by union in currency proposal
BELARUS - Belarusian President Alyaksandr Lukashenka on Monday received the chairman of the National Bank of Belarus, Pyotr Prakapovich, with a report. The main topic of the report was fulfilment of forecast indicators of the main guidelines for monetary…
BIS promotes solid bank audits in wake of scandals
SWITZERLAND - Accounting scandals that have plagued the U.S. corporate scene have highlighted the need for banks to have rigorous internal audit functions, the Bank of International Settlements (BIS) said on Wednesday in a report.
RBA Annual Report shows net profit down $1bn
AUSTRALIA - The Reserve Bank of Australia's net profit slumped more than $1 billion in 2001/02 after falls in earnings from its interest and foreign investment portfolio. The figure was revealed as the Bank published its 2002 Annual Report on Wednesday.
China to advise North Korean central bankers
UK - North Korea has sent a delegation of central bank officials to study China's financial system and commercial banking in one of the first signs that Pyongyang may be considering much needed financial reform.
Poland: Fin Min, central bank want fast euro entry
POLAND - A joint finance ministry and Polish National Bank team that is preparing an exchange rate strategy before Poland's entry to the European Union, agreed that Poland should join the euro zone as a matter of urgency, Deputy Finance Minister Ryszard…
Fraga says meeting with int'l bankers a success
BRAZIL - Brazilian central bank chairman Arminio Fraga said his meeting with international bankers in New York Monday was successful, Brazilian daily O Globo reported. Finance minister Pedro Malan was also present and said Brazil is prepared to honour…
Russian central banker warns on spending plans
RUSSIA - Oleg Vyugin, first deputy chairman of Russia's central bank, said the stability of the country's economy could be adversely affected if government carries out its plan to increase spending next year.
ADB, Uzbek central bank discuss future cooperation
UZBEKISTAN - A delegation of the Asian Development Bank's (ADB) board of directors is visiting Uzbekistan. It is headed by Julian Payne, executive director of the bank, BBC Monitoring reported Wednesday.
Speech by David Carse of the HKMA, 23 Aug
SPEECH - Carse used the speech titled 'Anti-Money Laundering and the Role of Supervision' to highlight some of the issues being addressed during a review of the HKMA's 1997 anti-money laundering guidelines in the light of recent developments.
Speech by William Poole, St Louis Fed Bank, 26 Aug
SPEECH - In the speech titled 'Taking Stock: the State of the Business Recovery' Poole said it was unlikely the US economy would slip back into recession, noting that a "double-dip" recession has only occurred once since WW2. He credited strategies by…
Reserve Bank of Australia Media Release
MEDIA RELEASE - Reform of credit card schemes in Australia, 27 August.
Bank of Botswana - Annual Report 2001
ANNUAL REPORT - The Bank of Botswana has published its Annual Report for the year ended 2001.