Regulation
BOJ Yamaguchi - Need vigilance if war mood rises
JAPAN - Bank of Japan Deputy Governor Yutaka Yamaguchi said today, 21 September, the central bank must be vigilant to maintain market stability if the world gets closer to being on a war footing.
Peru's congress elects directors to central bank
PERU - Congress on Thursday 20 September elected its three representatives to the board of directors of the Central Reserve Bank of Peru.
Following the money trail
ARTICLE - Financial authorities around the world are stepping up their efforts to trace illegal money flows in the wake of the attacks inflicted on New York and Washington DC on 11 September.
New deputy governor at Pakistan's central bank
PAKISTAN - Mr. Tawfiq A. Husain today, 20 September, assumed the charge of the office of Deputy Governor, State Bank of Pakistan. He replaces Mr. Mukhtar Nabi Qureshi who retired from the post after completing his term.
Pakistan exchanges stay closed
PAKISTAN - Financial market regulators in Pakistan have announced that the country's three stock exchanges will remain closed until next week.
Afghan economy fights for survival
ARTICLE - The threat of US military action against Afghanistan looks set to devastate the livelihood of its people. The economy barely functions, with no recognisable central bank, leaving Afghans to fend for themselves.
World Bank appoint new country manager to Bulgaria
BULGARIA - The World Bank has announced that Oscar de Bruyn Kops had been appointed World Bank Country Manager to Bulgaria.
Russians allowed to open accounts in foreign banks
RUSSIA - Russia's Central Bank allowed Russian citizens to open accounts in foreign banks for non-business purposes, according to the CBR ruling, published in CBR's official bulletin today, 19 September. The ruling takes affect in ten days.
World Bank and IMF cancel talks in Washington
US - The World Bank and the International Monetary Fund announced yesterday, Monday 17 September, that they would cancel their annual meetings scheduled for Washington later this month.
World Bank and IMF joint statement on meeting
NEWS RELEASE - World Bank Group and International Monetary Fund Will Not Hold Annual Meetings.
Russia ponders measures to boost banking sector
RUSSIA - Russia is considering the creation of a deposit protection scheme and measures designed to increase competition within the country's poorly developed banking sector, under reform plans being drawn up for cabinet discussion this month.
Philippines must pass anti-money laundering bill
PHILIPPINES - The Philippine government said today, Monday 17 September, the terrorist attacks in the U.S. make it more urgent for an anti-money laundering bill to be passed in the coming weeks to avoid the threat of international sanctions.
IMF Statement on US tragic events
IMF Statement on Tragic Events in the United States, 12 September
World Bank Extends Sympathy to United States
WASHINGTON, September 12, - The following is a statement issued today by World Bank President James D. Wolfensohn.
OECD Statement on US attacks
Statement issued yesterday by Donald J. Johnston, Secretary General of the OECD, in the wake of the attacks in the U.S.
IMF meeting 'to be called off'
WASHINGTON - The annual meetings of the International Monetary Fund and World Bank scheduled for the end of this month are almost certain to be postponed, the German finance ministry has said.
NZ reserve bank names monetary policy advisors
NEW ZEALAND - The Researve Bank of New Zealand has announced two new hires.
Ukrainian cb threat to fine banks for risky trade
UKRAINE - Ukrainian central bank threatens to fine banks for risky transactions.
Terrorist attack - Fed Bank of Chicago statement
NEWS RELEASE - Statement
Anti-crisis campaign gathers pace
UNITED STATES - Governments, central banks and economic authorities around the world have pledged to seek ways to help stabilise the global financial system in the wake of the US attacks.
Greenspan returns to Switzerland as plane diverted
SWITZERLAND - U.S. Federal Reserve Chairman Alan Greenspan has returned to Switzerland after the airplane on which he was traveling turned back from a flight to the U.S., a spokesman for the Basel city police said Tuesday.
Bank of France New York office escapes the horror
UNITED STATES - CentralBankNet has today, Wednesday 12 Sep, discovered that the Banque de France, France's central bank, representative office in New York avoided the devastation at the World Trade Center.
Talks on Russian bank reforms
RUSSIA - Top national and international policymakers are set to meet at Russia's central bank today, Tuesday 11 Sep, to discuss options for restructuring the country's banks.
Pakistan to issue Islamic bank licences
PAKISTAN - Pakistan's military government is to issue licences for new Islamic banks, the first time that new banking licences would be issued in a decade, according to Shaukat Aziz, finance minister.