Central Banking

Netherlands Bank blasts EU financial transaction tax proposals

Mon, 06 Feb 2012 17:08:16 GMT

Netherlands Bank warns of large financial and economic costs associated with the adoption of a financial transaction tax in Europe; says hard evidence of stability benefits are 'lacking'

EBA rejects claims of problems with banks’ recapitalisation plans

Mon, 06 Feb 2012 15:34:00 GMT

Central Banking

European Banking Authority slams reports 'purporting to contain factual information'; says majority of banks’ plans appear to be in line with EBA recommendations

Ndung’u discusses enhancing the supervisory framework in Kenya

Mon, 06 Feb 2012 13:31:00 GMT

Central Banking

Central Bank of Kenya governor Njuguna Ndung’u says issuance of new AML/CFT guidelines and payments systems oversight will improve integrity of Kenyan financial system

IMF paper finds inflexible exchange rate regimes most exposed to hot money

Mon, 06 Feb 2012 13:30:02 GMT

Central Banking

Fund study says relatively inflexible exchange rate regimes need to be counteracted by carefully designed macroprudential policies

High borrowing costs discourage Eastern European firms from tapping banks, says ECB paper

Mon, 06 Feb 2012 13:28:48 GMT

Central Banking

European Central Bank study says many firms in Eastern Europe are put off by the high interest rates charged by foreign banks for a loan

Sub-Saharan Africa regional FSB group meets in South Africa

Mon, 06 Feb 2012 11:14:49 GMT

Central Banking

FSB regional group discusses 'particular' challenges facing Sub-Saharan Africa; growing complexity of banking systems and cross-border spillover effects are causing concern

Sub-Saharan Africa regional FSB group discusses challenges faced

Mon, 06 Feb 2012 11:14:00 GMT

Central Banking

FSB regional group discusses 'particular' challenges facing Sub-Saharan Africa; growing complexity of banking systems and cross-border spillover effects are causing concern

ECB paper captures effect of eurozone sovereign risk on bond spreads

Fri, 03 Feb 2012 17:02:37 GMT

Central Banking

European Central Bank study says both country-specific and contagion risk contributed to widening of sovereign bond spreads against the German Bund during the financial crisis

Bernanke fears serious economic consequences from burgeoning deficit

Fri, 03 Feb 2012 17:01:49 GMT

Central Banking

Federal Reserve chairman Ben Bernanke warned that if the US budget was not brought under control soon, policymakers may not be able to respond to future economic shocks

IMF’s Shinohara urges emerging markets to rethink fiscal approach

Fri, 03 Feb 2012 17:01:20 GMT

Central Banking

Fund deputy managing director Naoyuki Shinohara says advanced economies must walk narrow path to address fiscal imbalances; emerging and developing nations should reconsider pace of adjustment

Fischer calls Israeli economy a ‘miracle’

Fri, 03 Feb 2012 14:16:52 GMT

Central Banking

Bank of Israel governor says peace deal is needed to achieve the growth and prosperity the country deserves; refuses to set timeline for returning interest rates to 'normal level'

Malaysian and Thai central banks agree deeper cooperation

Fri, 03 Feb 2012 12:04:24 GMT

Central Banking

Bank Negara Malaysia and the Bank of Thailand sign agreement to facilitate a cross-border collateral arrangement for eligible financial institutions in the countries

BoE's Posen continues crusade for SME credit

Thu, 02 Feb 2012 17:43:16 GMT

Central Banking

Posen laments decline of political interest in plans for credit easing for SMEs in the UK; reaffirms his drive to improve the provision of finance for smaller non-financial corporations

RBI's Subbarao highlights new ‘trilemma' facing central banks

Thu, 02 Feb 2012 17:26:04 GMT

Central Banking

Reserve Bank of India governor Duvvuri Subbarao says policy contribution of central banks to sustainable sovereign debt policies must be clarified to maintain independence

ECB paper finds evidence in support of exchange rate scapegoat theory

Thu, 02 Feb 2012 12:56:13 GMT

Central Banking

European Central Bank study shows expectations of frequent changes to structural parameters explains instability in the relationship between exchange rates and fundamentals

BoJ’s Yamaguchi warns of ‘vicious cycle’ from de-leveraging of European banks

Thu, 02 Feb 2012 12:54:39 GMT

Central Banking

Bank of Japan deputy governor Hirohide Yamaguchi says Japan should exercise vigilance over potential knock-on effects from introduction of higher capital ratios in Europe

Governor of the Central Bank of the Philippines talks Basel III

Thu, 02 Feb 2012 10:23:00 GMT

Central Banking

Amando Tetangco explains how Basel III has a “perverse” impact on countries with strong fiscal discipline and why the Sifi designation is less important than rigorous regulation

Sri Lanka remembers suicide bomb victims

Wed, 01 Feb 2012 16:01:07 GMT

Central Banking

New memorial unveiled at the Central Bank of Sri Lanka to mark 16th anniversary of bomb attack on the institution; governor says terrorists failed in aim to paralyse economic growth

Germany highly exposed to US and European contagion effects, says Buba paper

Wed, 01 Feb 2012 11:59:53 GMT

Central Banking

Bundesbank study finds strong contagious effects from the US and Europe, but no effects from the Asia-Pacific region and emerging markets on the German financial system

MAS's Menon calls on Asian countries to boost IMF resources

Wed, 01 Feb 2012 11:59:00 GMT

Central Banking

Monetary Authority of Singapore managing director Ravi Menon says Asian countries will need to contribute further to International Monetary Fund to enhance global safety net

Commonwealth of Independent States group discusses policy responses to eurozone crisis

Tue, 31 Jan 2012 14:09:05 GMT

Central Banking

Commonwealth of Independent States hold first regional FSB consultative group meeting; members including Russia and Ukraine discuss possible policy actions to counter eurozone crisis

Risk-weighted assets proved useful indicator during crisis, says IMF paper

Tue, 31 Jan 2012 13:09:23 GMT

Central Banking

Fund study shows banks with lower risk-weighted assets were able to weather the recent financial crisis better than those with more risky assets

RBI’s Mohanty discusses limitations of capital controls

Tue, 31 Jan 2012 13:07:12 GMT

Central Banking

Reserve Bank of India executive director Deepak Mohanty says India’s external debt service position has improved, but country’s external position remains vulnerable

FSB regional group discusses policy responses to eurozone crisis

Tue, 31 Jan 2012 13:00:00 GMT

Central Banking

Commonwealth of Independent States hold first regional FSB consultative group meeting; members including Russia and Ukraine discuss possible policy actions to counter eurozone crisis

Switzerland investigates need for ‘more specific’ insider trading rules

Mon, 30 Jan 2012 15:00:00 GMT

Central Banking

Head of legal services at the Federal Confederation explains the investigations under way into the circumstances that ultimately caused Philipp Hildebrand to resign as governor of the Swiss National Bank