Regulation
Greenspan: too-big-to-fail didn’t exist until crunch
Former Federal Reserve chairman believed government would allow failure until government-sponsored enterprises were taken into conservatorship
Ex-Fed’s Stern joins Finra board
Former president of the Minneapolis Federal Reserve to become Financial Industry Regulatory Authority board member
Credit-card discrimination hard to prove
Federal Reserve Board finds no evidence of credit-card companies discriminating against minorities.
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
Public banks good for growth
Central Bank of Cyprus finds that government ownership of banks has been associated with better long-run growth performance
Turkey’s Yilmaz: Islamic finance a force for stability
Central Bank of Turkey’s Durmus Yilmaz says Islamic finance is not boom-bust driven
Georgia to transfer supervision back to central bank
National Bank of Georgia to regain control of banking regulation in December just a year and a half after setting up of separate supervisor
Lamfalussy godfather of BIS’s macroprudence
National Bank of Belgium paper shows Alexandre Lamfalussy as the originator of the macroprudential approach to stability
Buba to be sole banking regulator
Germany’s incoming coalition government strips Bafin, the country’s financial services authority, of remit to regulate banks
British FSA gets tough on liquidity
Financial Services Authority’s Sally Dewar says banks will have to hold more liquid assets to cut out social costs of crisis
Fed’s Lacker: economics key for financial education
Richmond Federal Reserve’s Jeffrey Lacker says financial education programs should include economics
Islamic finance inherently robust: Malaysia’s Zeti
Malaysia’s central bank governor says fundamental Islamic principles set out a resilient strategy for risk management
FSA’s Turner on making EU rules a success
Financial Services Authority’s Adair Turner sets out factors to determine success of European Union proposals
Culture matters for regulation
Bank of Italy says trust has impact on preferences for regulation
Raise liquidity rule for property funds – Buba
Analysis of German real-estate funds during the crisis shows that regulators should impose a higher liquidity ratio, a new paper from the Deutsche Bundesbank argues
Nomura deputy says thanks for Lehman
Nomura's UK vice chair says he is “extraordinarily grateful” for biggest bankruptcy in history, says bankers not greedy, just playing by the rules
Tucker: “no clear idea” on too-big-to-fail fix
Bank of England's Paul Tucker acknowledges lack of clarity in solving too-big-to-fail problem
Nigeria removes three more bank bosses
Phase two of the Central Bank of Nigeria’s special examination shows four more banks were in dire straits
FSA’s tough liquidity requirements spook bankers
The Financial Services Authority’s tightened liquidity rules could impede recovery, says trade group
Accounting standards and capital regulation for securitisation
Bank for International Settlements looks at how regulators could alter the securitisation chain and its influence on originators’ incentives