Banking
Narrow banking would create more instability: FSA’s Turner
Adair Turner, the head of Britain’s financial regulator, says narrow banking is not the solution because it fails to understand the root problem in the sector
Innovation, not regulation, the challenge
Heng Swee Keat, head of Singapore’s central bank, said Asian economies have different needs in emerging from the current financial crisis
Geithner’s scorecard for the resolution plan
Timothy Geithner, US Treasury Secretary, sets out five indicators to measure the success of the resolution plan
UK offshore centres must raise their game: report
Former FSA official highlights the need for “tax havens” to bring regulation up to international standards
Unconventional measures must remain – Buba’s Weber
Axel Weber says main liquidity-boosting measures must continue and be wound down only gradually
How narrow banks would fit in the financial system
Alessandro Roselli, a former official of the Bank of Italy, calls for a banking structure where narrow banks co-exist with commercial banks, properly redefined, and investment banks.
Brussels clears Rock break-up
Decision follows British government nationalisation in January 2008
Britain on road to “lost decade”
Newest MPC member says fixing banks must be a priority for UK
Four steps to improve international cooperation: Fed’s Kohn
Fed vice-chairman Donald Kohn calls for a more coordinated global response to the crisis
Regulation helps microfinance institutions expand
World Bank’s research investigates the impact of regulation on microfinance institutions
British banks agree to tough new code
British Bankers Association (BBA) launches new FSA financial reporting code aimed at boosting investor confidence and bank transparency
Bundesbank will not be a better regulator: BaFin’s Sanio
Jochen Sanio, president of Germany’s banking regulator, strikes out against government plans to make the central bank sole regulator
Bank profits a product of public policy: France’s Noyer
Christian Noyer, governor of the Banque de France says that banks' profits should be kept within the system
Hungarian regulator’s role to be amplified
Hungarian Financial Supervisory Authority will get more independence and the right to issue regulations if government proposal clears parliament
Regulation will not stave off future crises: Bank’s Tucker
Bank of England’s deputy governor argues that regulation will not address collective-action issues; sets out macroprudential tools
Living wills the way forward: Britain’s FSA
Britain’s Financial Services Authority also calls for higher capital and liquidity requirements
King’s speech elicits mixed reaction
Commentators and politicians broadly support Bank governor’s call for break-up of biggest banks, but see no easy fix
King is right to call for radical reform of banking
Bank of England governor’s desire for fundamental overhaul should be applauded, Robert Pringle, the chairman of Central Banking Publications, argues
King calls for radical reform of banking
Bank of England governor pushes for root-and-branch reform, says Bank will detail macroprudential approach later this week
Bank of Botswana – Banking Supervision Annual Report 2008
Central bank says banking sector was resilient despite crisis because of limited exposure, but anticipates ‘second-round’ effects
BoE’s Posen backs governor on smashing up banks
Newest member of the Bank of England’s Monetary Policy Committee sees case for limiting bank size “full stop”
Basel Committee: trading-book capital requirements to soar
Basel Committee says new trading-book rules will result in much higher capital requirements
De Larosière: don’t rush regulatory reform
Former governor of the Banque de France warns governments against rapid change for the finance industry
What makes up the macroprudential toolkit?
Practitioners and supervisors discuss how supervisory policy will be made