Financial Stability
Comment: Contagion threat still present
An increasing number of emerging market economies (EMEs) are finding that they are able to borrow money in international capital markets, and on historically favourable terms.
ECB's Financial Stability Review, December 2005
The European Central Bank published its December 2005 Financial Stability Review on 8 December. In the report the ECB said the strength and resilience of the euro area financial system has further improved over the past six months, contributing to a…
HKMA: Four pointers to financial stability
In a commentary published by the Hong Kong Monetary Authority, HKMA Chief Executive Joseph Yam says open, medium-sized and sophisticated international financial centres are attractive to international fund flows, which are often volatile. The task of…
Payment Innovation Conference, Amsterdam 4-5 April
The key theme is 'Payment Innovation Beyond SEPA'. SEPA is the acronym for 'Single European Payment Area', a political effort to harmonize all payment systems within Europe.
Norges Bank Financial Stability Report No.2, 2005
The central bank of Norway, Norges Bank, has published its twice yearly Financial Stability Report 2/2005. "The short-term outlook for financial stability is regarded as satisfactory and somewhat better than half a year ago," said Governor Svein Gjedrem.
BNB implements new treasury management system
The Bulgarian National Bank has strengthened its accession strategy through the implementation of The Trema Suite as its new treasury management system covering Front-, Middle- and Back Office for their reserve management operations.
Proposal for BOJ's next-generation RTGS project
The Bank of Japan has released a consultation document on the proposal for the next generation of the BOJ-NET Funds Transfer System.
BoT should regulate payments, says committee
According to a government committee on electronic transactions, the Bank of Thailand should have the authority to regulate the electronic payment business.
Document shows plan to shake up EU payments system
The European Union's payments system is set for a wide-ranging overhaul to cut down on the cost of cross-border transactions and save up to 100 billion euros ($117.7 billion), a European Commission document quoted by Reuters showed on Thursday 1 December.
FSF meets with the hedge fund community
The Financial Stability Forum (FSF) recently convened two informal workshops of senior members of the hedge fund community, their counterparties, and financial authorities.
ECB's Tumpel-Gugerell on SEPA
In the speech 'SEPA: making the dream become a reality' given on 15 November Gertrude Tumpel-Gugerell of the ECB said the ECB acts as a helping hand to create, out of the many different national payment schemes, one pan-European scheme for each of the…
BoE's Large on liquidity risk in a global system
In the speech 'Financial Stability: Managing liquidity risk in a global system' given on 28 November Andrew Large of the Bank of England put the case for central banks and regulators in all jurisdictions to review the appropriateness of current liquidity…
Sveriges Riksbank, Financial Stability Report 2:05
Sweden's central bank, the Sveriges Riksbank, has published its second Financial Stability Report for 2005. Currently, there is nothing to indicate that the Swedish banks will have any serious problems with loan losses or profitability in the coming two…
ECB's Trichet on Eurasia: Bull meets tiger
In the speech 'Eurasia: Bull meets tiger - Panel III - Financial markets: Shared responsibility' given on 18 November Jean-Claude Trichet of the ECB said the experiences of Europe and the Asia-Pacific region with regard to regional surveillance present…
RBNZ Financial Stability Report, November 2005
The Reserve Bank of New Zealand published its November 2005 Financial Stability Report on 18 November. Reserve Bank governor Alan Bollard commented: "The New Zealand financial system, overall, is well placed to weather a possible slowdown in the economy."
Fed's Olson on US payment systems
At a EU/U.S. Retail Banking Forum Conference in Brussels on November 15, US Federal Reserve governor, Mark W. Olson, offered some insights into the US payments system.
New currency for Zimbabwe
The Reserve Bank of Zimbabwe (RBZ) has announced that it will introduce a new currency next year. RBZ governor Gideon Gono said the new currency would be unveiled "at a date to be announced".
CLS data on FX transactions
The CLS (Continuous Linked Settlement) Group on Monday released new data showing that during October 2005, a daily average of 215,016 foreign exchange transactions was completed using their global settlement system.
A decade of reforms at the Riksbank
Lars Heikensten explains why the world’s oldest central bank had to modernise
Central bank staff costs
Paul Brione analyses the cost of central bankers across the OECD.
Interview: Lars Heikensten
The governor of Sweden’s Riksbank explains why the world’s oldest central bank had to modernise.
Japan’s debt dilemma
After years of stagnation, Japan’s economy is at last stirring. Yet rising yields threaten new financial crises. Anthony Rowley reports.
Managing with negative capital
How does the Czech National Bank deal with the negative capital on its balance sheet? Jan Frait explains.