Governance
UK Treasury Committee calls on FSA to disclose details of banks’ pay
UK’s Treasury Committee chairman Andrew Tyrie asks FSA chief to disclose remuneration of 'high-end' employees; says disclosure in aggregated form will protect competitiveness of financial firms
Budapest can muscle in on rate-setting council, but will not control policy: Simor
National Bank of Hungary governor András Simor says even if the Hungarian government gets its way on the appointment of external rate-setters, appointees will have deliver on the central bank’s goals
Australia’s McKibbin could miss out on third term
Treasurer Wayne Swan suggests Reserve Bank of Australia external board member Warwick McKibbin will not be reappointed for third five-year stint
EU auditors issue recommendations on ECB recruitment procedures
European Court of Auditors says European Central Bank must provide further documentation of recruitment processes; central bank responds with launch of new recruitment manual planned for end of 2011
Bank Negara Malaysia promotes three directors to assistant governor
Malaysia’s central bank appoints Donald Joshua Jaganathan, Abu Hassan Alshari bin Yahaya and Marzunisham bin Omar to assistant governor
Central Bank of West African States close Ivory Coast offices
Ivory Coast offices of central bank shut; interim governor Jean-Baptiste Compaore says attempts to requisition central bank’s offices in violation of monetary union treaty
Philippines’ Tetangco to get second term: reports
Central Bank of the Philippines governor Amando Tetangco reportedly set to be offered second term at the helm; Tetangco credited with anchoring inflation expectations following recent spikes
FCIC report: the major findings
Risk summarises the major conclusions from the commission report
Gbagbo says he has taken control of central bank offices
Former President Laurent Gbagbo's seizes Central Bank of West African States’ Ivory Coast offices in power struggle with President Alassane Ouattara
Iraq’s Al-Shebibi warns foreign assets at risk of confiscation
Central Bank of Iraq governor Sinan al-Shebibi says ruling to place central bank under cabinet supervision risked the central bank losing assets held overseas
West African central bank governor quits
Central Bank of West African States governor Philippe Henri Dacoury-Tabley steps down amid claims he did not cut off funds to beleaguered Ivory Coast president Laurent Gbagbo
Nabli takes reins at Tunisian central bank
Former World Bank Middle East and North Africa chief economist Mustapha Kamel Nabli confirmed as governor of Central Bank of Tunisia
Volcker steps down as economic adviser to Obama
President Obama announces departure of former Fed chair Paul Volcker from Economic Recovery Advisory Board; appoints General Electric's Jeff Immelt as head of new Council on Jobs and Competitiveness
Riksbank’s Öberg to quit at end of this year
Departure to come at the same time as Nyberg’s and Ingves’s departures
ESRB elects sub-committee heads
European Systemic Risk Board elects Poland’s Marek Belka, Italy’s Mario Draghi, Cyprus’ Athanasios Orphanides, Germany’s Axel Weber, to steering committee
Tombini’s inflation credentials strengthened by Brazil rate hike
Central Bank of Brazil lifts target rate by half a point to contain burgeoning price pressures; hike comes in first rate-setting meeting under charge of new governor Alexandre Tombini
IMF deputy managing director Portugal to leave Fund
Fund’s deputy managing director Murilo Portugal steps down to pursue vacant presidency role at Brazilian Banking Federation
Central Banking’s advisory board adds Stern, Sheng, Heikensten
Gary Stern, Andrew Sheng and Lars Heikensten join Central Banking Publications’ editorial advisory board
RBI’s Sinha promoted to deputy governor
Reserve Bank of India appoints executive director Anand Sinha to fourth and final deputy governor position
Fed sets up diversity and inclusion offices
Federal Reserve opens diversity and inclusion offices across the country in bid to step up equal employment opportunities in federal agencies