India calls for financial reporting changes
Tuesday 10 Jan 2012 | [email protected] Changes to accountancy standards are vital to ensure banks’ financial statements properly reveal any risk-return trade-offs, the Reserve Bank of India has warned.
BIS appoints Fed man as committee head
Tuesday 10 Jan 2012 | Karina Whalley
The Bank for International Settlements has appointed the president of New York’s Federal Reserve to head up the Committee on the Global Financial System, replacing Mark Carney as chair.
‘Gaps’ in central bank stability reports – IMF paper
Tuesday 10 Jan 2012 | Karina Whalley
International Monetary Fund economists have found holes in the financial stability reports produced by central banks which they criticised for being “less capable of assessing systemic risk”.
China wants more bank supervision
Tuesday 10 Jan 2012 | Karina Whalley
China’s financial policymakers have called for more supervision in banks and the equity markets in a bid to prevent systemic risk in the sector.
Basel stands firm on liquidity rules
Monday 9 Jan 2012 | [email protected] International regulators have dealt the banking industry a blow by agreeing to keep controversial short-term liquidity rules in place from 2015.
China bank rules delayed by climate
Friday 6 Jan 2012 | Karina Whalley
Tough new rules for Chinese commercial lenders have been pushed back to the second half of 2012 due to a negative economic climate, according to reports.
Singing at a Chinese Buffet
Friday 6 Jan 2012 | Regulation Mutters
US billionaire Warren Buffet, renowned for his investment prowess, will soon add singing and guitar to his array of talents, in celebration of the upcoming Chinese new year.
JBA concerns on IASB investment rules
Friday 6 Jan 2012 | Karina Whalley
Japanese bankers and European accountants have raised concerns over international accounting standards, calling for better criteria in identifying investment entities.
2012: There may well be more trouble ahead
Friday 6 Jan 2012 | Andrew Morris
Global markets face another year of frustrating challenges epitomised by a host of political pressures, argues Andrew Morris, managing director of investment portfolio managers Signature.
Barclays rebuked for ‘tasty profits’
Thursday 5 Jan 2012 | Regulation Mutters
Barclays has been nominated as this year’s most shameful company for alleged excessive betting on food prices which fuels hunger and poverty, according to the World Development Movement.
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