Financial Stability
Will Dr. Gloom and Dr. Doom’s Next Domino Fall?
The current plight of Latvia and its Baltic neighbours is far different from Argentina’s in the early part of this decade
Svensson: aim inflation expectations above target
Lars Svensson, one of the defenders of inflation targeting, says above-target inflation needed to spur employment
Italy’s Draghi: industry must be supported
Bank of Italy’s Mario Draghi says labour and firms key in fighting Italy’s recession
Payments end-users bemoan lack of Sepa dialogue
Payment Systems End User Committee (EUC) labels consultation on the Single Euro Payments Area insufficient
British PM slams plans to soup up Bank role
Gordon Brown labels Conservative Party proposals to disband FSA and hand supervision to the Bank of England “wrong”
HK, Singapore, Malaysia to devise deposit-insurance exit
Hong Kong Monetary Authority, Bank Negara Malaysia and Monetary Authority of Singapore set up group to work on deposit-insurance exit strategy.
Lithuania’s Sarkinas gloomy on banking outlook
Central bank governor believes banking industry’s pain will intensify
EU needs harmonised definition for regulatory capital
Kern Alexander from Cambridge University’s Judge Business School calls for increased supervisory consolidation across the European Union
Bernanke details Fed exit strategy
Reserve balances key, but Fed chairman fears political interest in fund recipients
The Tories’ plan for sound banking
Robert Pringle, David Mayes and Michael Taylor, the editors of Central Banking’s Towards a New Framework for Financial Stability, give their reaction to Conservative plans to rebuild UK regulation
Canada’s Jenkins wants more skin in the securitisation game
Bank of Canada’s Paul Jenkins on how to achieve sustainable securitisation
Why hot money hounded China
Bank of Japan obtains a picture of the flow of short-term funds into and out of China
Yam on payment links beyond Hong Kong
Hong Kong’s leading central banker on extending the reach of the territory’s financial infrastructure
Mauritius’s Bheenick on local markets
Governor hails development of derivatives exchange
Eurosystem signs T2S MoU with settlement providers
Central banks and central securities depositories commit to work on T2S
US's Barr: hedge fund advisers must register
US Treasury's Michael Barr on the Obama administration's proposed hedge fund legislation
Central Bank of Ireland – Annual Report 2008
Central Bank and Financial Services Authority of Ireland's John Hurley on Irish banks' balance sheets
Bagehot 's tenets needs to be revised
New York Federal Reserve investigates whether Bagehot’s 19th lender-of-last-resort doctrine still applies
Italy’s Visco : target global imbalances
Bank of Italy’s Ignazio Visco says that macroeconomic imbalances must be taken care of
Czechs unconvinced by EC regulatory revamp
Czech National Bank strongly criticises the European Commission’s proposal for financial supervision
Thailand’s Watanagase on financial inclusion
Bank of Thailand’s Tarisa Watanagase on improving financial inclusion
UAE’s Al Suwaidi: we could buy more Dubai debt
Governor Sultan bin Nasser Al Suwaidi indicates central bank may purchase more Dubai bonds after buying $10 billion-worth of debt from the emirate earlier this year
Ex-SEC heads look to limit Fed’s powers
An investor group chaired by two former SEC chairmen says Fed should not be granted responsibility for systemic risk
Korea should improve management in light of recession
Bank of Korea’s Seongtae Lee says that central bank will enhance management practices for pubic benefit