Regulation
Jamaica's Anderson on supervision in the Caribbean
In the speech 'Effective conglomerate and consolidated supervision in the Caribbean' given on 13 April Audrey Anderson of the Bank of Jamaica said while the region remains fully committed to applying international best practice standards within…
SBP's Akhtar on the risk management paradigm
In the speech 'Pakistan - changing risk management paradigm - perspective of the regulator' given on 13 March Shamshad Akhtar of the State Bank of Pakistan said the changing economic and banking paradigm has increased the complexities and risk facing…
Failed bank rescue plan will impact on Basel II
This article from Chase Cooper, published Monday 30 April, asks whether the killing off of the Ecofin plan for rescuing failed banks will have implications for Basel II.
Japan's FSA to monitor hedge funds
Japan's Financial Services Agency (FSA) said on Tuesday 1 May it will start to monitor hedge funds which operate in Japan.
Regulators must be watched on bank bids
According to this article published by the Financial Times on Friday 27 April, the powers of financial supervisors should be checked on bank bids or they are likely to impose obstacles to such deals.
Akhtar on an effective Islamic financial system
In the speech 'Building an effective Islamic financial system' given on 27 March Shamshad Akhtar of the State Bank of Pakistan said proper and sequenced development of Islamic Finance (IF) would be critical for this industry to emerge as an effective…
Dutch intervention is a central banking mistake
According to this article published Thursday 19 April by The Telegraph, it is rather odd for the Dutch central bank to release a statement on the ABN Amro break-up bid.
Noyer says hedge funds may raise abuse risk
European Central Bank Governing Council member Christian Noyer said in a report released on Monday 16 April that hedge funds add to market efficiency but can increase the risk of market abuse.
Bernanke on financial regulation & invisible hand
In the speech 'Financial regulation and the invisible hand' given on 11 April Ben Bernanke of the Federal Reserve said the current market-based system is the best way to regulate the trillion-dollar hedge fund industry although improvements can be made.
The economics of money laundering enforcement
The IMF Working Paper 'A theory of "crying wolf": The economics of money laundering enforcement' shows how excessive reporting, called "crying wolf", can dilute the information value of reports.
Banking supervision: Quality and governance
The IMF Working Paper 'Banking supervision: Quality and governance' examines the relationship between the quality of banking supervision and governance of the supervisory agency.
Russia's central bank faces reform calls
According to this article published by The Times on Wednesday 4 April, the Russian finance ministry has met senior figures from the banking sector recently to discuss reforming the Bank of Russia.
BI vigilant on regulatory 'grey areas'
Bank Indonesia deputy governor Muliaman D. Hadad said recently that in the revised regulations, the central bank had clarified several "gray areas" that had dissuaded the banks from extending loans to particular types of firms.
Buba's Meister on European financial supervision
In the speech 'European Financial Supervision: next steps' given on 29 March Edgar Meister of the Deutsche Bundesbank said each crisis is different and therefore calls for flexibility in action.
Supervisors must be professionals
According to this article by Jean Lemierre, published by The Banker, whether responsibility for banking supervision in the EU lies with national central banks or with separate agencies, it must be able to stand up to pressure.
Phil Fed paper on competitive effects of Basel II
Analyzing the potential competitive effects of the proposed Basel II capital regulations on U.S. bank credit card lending, the authors of the Philadelphia Fed Working Paper "Competitive effects of Basel II on US bank credit card lending" find that bank…
Fed's Braunstein on subprime mortgages
In the speech 'Subprime mortgages' given on 27 March Sandra Braunstein of the Federal Reserve said the Federal Reserve has "great concern" about the surge in mortgage delinquencies and foreclosures.
Fed's Cole says subprime actions too slow
The Federal Reserve could have acted faster to prevent a meltdown in the subprime-mortgage market by halting the lax lending standards that contributed to the crisis, the Fed's chief bank supervisor said Thursday 22 March.
Akhtar on Pakistan's regulatory framework
In the speech 'Pakistan - regulatory and supervisory framework' given on 5 March Shamshad Akhtar of the State Bank of Pakistan said the Bank of Finland takes a very positive attitude to the drive for efficiency through deeper cooperation.
Russian deputy: CB should keep oversight function
The Russian central bank should not be stripped of its oversight functions, first deputy chairman Gennady Melikian told a press conference on Thursday 15 March.
Bulgarian governor nominates deputy
The governor of the Bulgarian National Bank (BNB) Ivan Iskrov on Thursday 15 March nominated Rumen Simeonov, 55, to take over as deputy governor in charge of bank supervision from Emilia Milanova.
Qatar considers single financial regulator
According to a recent article published by the Gulf Times, 'Doha mulls UK-style single regulator', Qatar is considering a single financial regulator along the lines of the UK as part of its efforts to form an umbrella organisation.
Fullani on a vision of the Albanian economy
In the speech 'A vision for the future of the Albanian economy and financial system' given on 6 March Ardian Fullani of the Bank of Albania said the Bank of Albania aims to formulate and later on, implement a medium-term strategy for the development,…
Tetangco on supervision in the Philippines
In the speech 'Meeting the challenges of a rapidly changing supervisory and regulatory landscape' given on 21 February Amando M Tetangco of the Central Bank of the Philippines said the regulatory reforms in central banking are inevitable across all…