Regulation
India’s Mohan: regulation to tackle procyclicality of banks funding
Reserve Bank of India deputy governor, Rakesh Mohan, says reliance on short-term wholesale market funding increased the sensitivity of banks' balance sheets and cost of funds
Nigeria’s Sanusi goes on sacking spree
Central Bank of Nigeria governor fires heads of five banks and injects N400 billion to ease debt crisis
India’s Chakrabarty: road to financial inclusion rocky
Reserve Bank of India’s Kamalesh Chakrabarty sees many obstacles on the way to financial inclusion
Counterparty risk still large
International Monetary Fund assesses counterparty risk in the United States stemming from exposures to over-the-counter derivatives payables
FSA issues code on bank bonuses
UK Financial Services Authority releases rules on bankers’ remuneration policies
Canada’s Carney: new capital requirements needed
Bank of Canada’s Mark Carney on building a more resilient financial system
India’s Chakrabarty on credit for the poor
Reserve Bank of India’s Kamalesh Chakrabarty says state has a role in financial inclusion
Argentina’s Redrado on currency mismatches
Central Bank of Argentina’s Martin Redrado on regulating currency mismatches
France’s Landau on Glass-Steagall’s relevance
Banque de France’s Jean-Pierre Landau addresses robustness of complex financial systems
Thailand relaxes overseas investment rules
Bank of Thailand relaxes rules for investing overseas in an effort to halt baht’s rise
Kenya to step up supervision: Ndung’u
Central Bank of Kenya’s Njuguna Ndung’u on strengheting supervisory tools
Fed enhancing large institutions’ oversight: Tarullo
Federal Reserve’s Daniel Tarullo says supervision of large institutions to get a new boost
FDIC’s Bair pans single regulator model
Obama administration’s plans for single banking supervisor would fit uneasily with the structure of the US banks
De Larosière for long-term value and economic stability
A near-term focus dominated policy, regulation, accounting standards and governance in the run up to the crisis. It cannot last, writes Jacques de Larosière.
Clamp down on too-big-to-fail banks: UK lawmakers
Parliamentary committee sides with Bank of England in conflict with Treasury over reform
US Treasury official defends plans for consumer regulator
Neal Wolin argues new supervisor will eliminate “race to the bottom” among firms and regulators
Regulation is good for competition
International Monetary Fund investigates financial market development
France to create joint banking and insurance regulator
French finance ministry announces plans to launch single banking and insurance supervisor next year
What shadow banks mean for financial regulation
Recognition of the role of the so-called shadow banking system in the financial crisis, means more stringent financial regulation, argues a paper from the New York Federal Reserve
New data on operational risk losses
Survey from the Bank for International Settlements collects data on op-risk losses from 121 banks in 17 countries
Heavyweight group dismisses mark-to-market fears
Group including Lucas Papademos and Jerry Corrigan clears accounting rules of role in crash
Fed a natural for systemic-risk role: Tarullo
Federal Reserve’s Daniel Tarullo says safeguarding systemic risk is a natural expansion of the central bank’s role