Financial Stability
Central concerns
José Manuel González-Páramo, a member of the ECB’s executive board, talks to Risk about the role of the central bank and the need for greater oversight and transparency in the derivatives market
Liquidity lessons from the crisis
Daniel Heller, the head of the Basel-based CPSS, discusses propsoed reforms for payments, clearing and settlements
BIS's Cecchetti moots longer time horizon for monetary policy
Central banks may need to stretch their time horizons for inflation targeting to successfully combat financial instability, says Bank for International Settlements’ Stephen Cecchetti
Britain begins to offload state banks
Dunfermline sold and supermarket rumoured to be interested in Northern Rock
Washington's timetable for regulatory reform
Patton Boggs, a law firm,sets out how and when Obama's proposals for US financial regulation reform will become law in 2009
BIS's Cecchetti on inflation, imbalances and instability
The head of the Bank for International Settlements' monetary and economic department, on how central-bank policy should change in light of the crisis
BoE’s Tucker: banking social contract needs reform
Bank of England’s Paul Tucker says that banks must adjust and it will not be cheap
Fed Hoenig: new rules must be simple
Kansas City Federal Reserve’s Thomas Hoenig calls for new rules for systemically-important institutions to be comprehensible
Smee on speedier payments
The chief executive of APACS discusses the UK’s first National Payments Plan and the impact of the new Faster Payments service
Transparency and disclosure limit contagion
Cutting back on information asymmetries can reduce contagion
Fed's Bullard: bailouts could prompt independence backlash
Regional president warns Fed actions could impact independence
Mexico's Ortiz - crisis shows how far we've come
Ability to cope with turmoil is a sign of success of monetary-policy reform, says Bank of Mexico governor
Bank names special resolution czar
Bank of England's chief cashier to head unit
FSA's Turner moots role for ring-fencing
The head of Britain's banking regulator suggests separating overseas operations ay be necessary for cross-border banks
New Zealand publishes liquidity guidelines
Reserve Bank releases prudential rules
Ortiz on governance, risk and Mexico's progress
The Bank of Mexico governor and BIS chairman discusses central bank governance, monitoring systemic risk and why Mexico has managed to avoid a financial meltdown despite being hard hit by the crisis
Basel Committee's Praet on the crisis
Justin Keay spoke with the executive director of the National Bank of Belgium (responsible for international cooperation and stability) about the regulatory implications of the current financial crisis
Bahrain's Al Maraj on pros of conservatism
The governor of the Central Bank of Bahrain tells Malan Rietveld that the country’s conservative approach to finance, regulation and construction is paying dividends in a time of crisis.
Putin calls on central bank to lend directly
Vladimir Putin, Russia’s prime minister, has called on the central bank to lend to regional banks