Central Banking

FSA chief hails new twin peaks approach to regulation

Mon, 06 Feb 2012 15:00:00 GMT

Financial Services Authority head Hector Sants says approach to supervision of banks in the UK will be more proactive and judgement-based; warns of 'tick box' approach to regulation in Europe

Italian banks may need state aid to hit 9% core capital, says Saccomanni

Fri, 03 Feb 2012 17:17:16 GMT

Central Banking

Bank of Italy director-general says country’s banks may require government assistance to meet stricter 9% core Tier I capital ratio; new deputy director Salvatore Rossi optimistic growth outlook

Czech central bank concerned over Esma's power

Fri, 03 Feb 2012 17:12:25 GMT

Central Banking

National supervisors should be responsible for their domestic institutions, says Czech National Bank

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

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

Ireland overhauls market abuse oversight rules

Wed, 01 Feb 2012 17:00:00 GMT

Central Banking

Markets supervision directorate at the Central Bank of Ireland will now monitor and investigate market abuses instead of Irish Stock Exchange; ends arrangement in place since 2005

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

Russia gears up for central securities depository

Thu, 26 Jan 2012 10:25:00 GMT

Central Banking

Russian central securities depository (CSD) could be ready by the end of 2012, although there is more work to be done

EU freezes assets of Iranian central bank

Mon, 23 Jan 2012 16:01:00 GMT

Central Banking

EU follows US lead by announcing strict new sanctions on Iranian central bank; heart of action is to limit the country’s nuclear programme

Bundesbank’s Dombret calls for rigorous monitoring of Basel III implementation

Mon, 23 Jan 2012 12:21:30 GMT

Central Banking

Bundesbank executive board member Andreas Dombret says financial market's attempts to create global level playing field for regulation should face scrutiny

Ingves targets domestic Sifis with tougher capital rules

Fri, 20 Jan 2012 17:21:00 GMT

Central Banking

Basel Committee chairman Stefan Ingves says all institutions whose disorderly distress or failure could trigger a systemic crisis should be subject to additional capital requirements

Swedish authorities improve macroprudential policy co-operation

Fri, 20 Jan 2012 14:00:00 GMT

Central Banking

The Riksbank and Finansinspektionen form a new council for co-operation on macroprudential policy; group will not infringe on two authorities' independence in decision-making

Fed’s Tarullo identifies supervisory difficulties in applying Volcker rule

Thu, 19 Jan 2012 17:38:31 GMT

Central Banking

Federal Reserve board member Daniel Tarullo says regulators were finding it difficult to distinguish proprietary trading from market-making activities

Robert Pringle's Viewpoint: Policy-makers in thrall to group thinking

Thu, 19 Jan 2012 17:00:00 GMT

Central Banking

Philipp Hildebrand’s resignation has renewed fears about market practitioners working in central banks. But FOMC minutes from 2006 reveal a deeper problem – placing too much reliance on economists

Haldane calls for radical rethink of accounting rules

Thu, 19 Jan 2012 15:00:00 GMT

Central Banking

Bank of England financial stability executive director Andrew Haldane says departure form fair-value accounting principles necessary to prevent pro-cyclical behaviour of asset prices

Financial conditions ripe to relax renminbi rules, says HKMA’s Chan

Wed, 18 Jan 2012 16:13:37 GMT

Central Banking

Hong Kong Monetary Authority chief executive Norman Chan says continued growth of Hong Kong's offshore renminbi market has paved the way for more relaxed regulatory requirements

Singapore launches new regulation for credit rating agencies

Wed, 18 Jan 2012 14:00:00 GMT

Central Banking

Monetary Authority of Singapore issues final regulation on credit rating agencies in Singapore; measures will require individual representatives of agencies to hold special licences

Sebi considers speed limit on high-frequency trading

Wed, 18 Jan 2012 13:00:00 GMT

Central Banking

The head of the Securities and Exchange Board of India calls for a speed limit for high-frequency trading to protect the interests of retail investors

Solvency II may face delay as European Parliament scrutinises ‘Omnibus’ directive

Tue, 17 Jan 2012 13:00:00 GMT

Central Banking

A further delay to a key vote in the European Parliament on the Omnibus II directive has increased concerns that Solvency II's implementation in 2014 could be delayed

RBI issues final guidelines on bank compensation

Mon, 16 Jan 2012 15:00:00 GMT

Central Banking

Reserve Bank of India releases final guidelines on compensation practices for private banks operating in India; measures will come into effect later this year

Basel 2.5: US ratings workaround too punitive, banks complain

Thu, 12 Jan 2012 13:00:00 GMT

Central Banking

Basel 2.5: US ratings workaround too punitive, banks complain Securitisations suffer in draft rules that avoid use of credit ratings - a Dodd-Frank Act requirement

Fed champions further action to revive housing market

Mon, 09 Jan 2012 15:00:00 GMT

Central Banking

Federal Reserve publishes review of policies to address impediments in US housing market in bid to revitalise economic recovery

Basel implementation monitoring strategy approved

Mon, 09 Jan 2012 13:08:00 GMT

Central Banking

Basel Committee governing body agrees plans to monitor member countries' efforts to implement new rules; also discusses liquidity coverage ratio

ECB paper identifies challenges to creating resolution regimes

Thu, 22 Dec 2011 12:22:08 GMT

Central Banking

European Central Bank study compares legal aspects of bank resolution regimes in the UK and Germany

Basel statement on risk transfer could halt legitimate trades, bankers warn

Wed, 21 Dec 2011 13:00:00 GMT

Central Banking

Basel Committee’s focus on cost of credit protection in attempt to stamp out capital arbitrage could also hurt sound trade trades, investment banks claim