Latest posts
Recommendations For Cross-border Bank Resolution
The Basel Committee's Cross-border Bank Resolution Group has developed a set of recommendations that resulted from its stocktaking of legal and policy frameworks for cross-border crises resolutions and its follow-up work to identify the lessons learn...
Proposal for a European Resolution Authority for the banking system
An IMF working paper on Crisis Management and Resolution for a European Banking System has just been published. This morning, Mr. Dominique Strauss-Kahn (the IMF's Managing Director) gave a speech on the same topic. Abstract: The paper proposes an in...
Principles for enhancing corporate governance
Building on the 2006 corporate guidance authored by the Basel Committee on Banking Supervision and drawing on the lessons learned during the current global financial crisis, the Committee's consultative document, Principles for enhancing corporate go...
The EBRD seeks an insolvency lawyer for its London office
The EBRD is an international financial institution that supports projects in 29 countries from central Europe to central Asia. Investing primarily in private sector clients whose needs cannot be fully met by the market, the Bank promotes entrepreneur...
50th--or 98th--anniversary of the Reserve Bank of Australia
Although the RBA is celebrating it's 50th anniversary, it's original predecessor was established in 1912; like many other central banks, as a commercial bank. The speech gives also a brief description of the RBA's peculiar governance structure. Addre...
The BIS seeks a Legal Counsel for its headquarters in Basel
The Bank for International Settlements (BIS) is an international financial institution that promotes central bank cooperation and provides banking services exclusively to central banks. Based in Basel, Switzerland, with representative offices for Asi...
Language of Money / Die Sprache des Geldes
The Musuem for Communication (Museum für Kommunikation) in Frankfurt am Main / Germany is having an euro exhibition on the language of money. Click here for pictures.
East African Monetary Union
Opening remarks by Prof Njuguna Ndung'u, Governor of the Central Bank of Kenya, during the East African Legislative Assembly Workshop on the East African Monetary Union, Nairobi, 4 March 2010.
International Financial and Monetary Law Network
The Society of International Economic Law (SIEL) has approved the establishment of a new SIEL International Financial and Monetary Law Network. The SIEL International Financial and Monetary Law Network is being established as a sub-group within SIEL...
Towards a global financial stability framework
Speech by Hervé Hannoun, Deputy General Manager of the Bank for International Settlements, at the 45th SEACEN Governors'; Conference, Siem Reap province, Cambodia, 26-27 February 2010. Abstract A new global financial stability framework is needed to...
Market Maker of Last Resort
Speech by Mr Paul Fisher, Executive Director for Markets and Member of the Monetary Policy Committee of the Bank of England, for the Association of Corporate Treasurers Winter Paper 2010, London, 18 February 2010. In this speech, Mr Paul Fisher addre...
The term “macroprudential”: origins and evolution
"In the wake of the recent financial crisis, the term "macroprudential" has become a true buzzword. A core element of international efforts to strengthen the financial system is to enhance the macroprudential orientation of regulatory...
The future of European and international financial market regulation and supervision
Speech by Mr Jose Manuel Gonzalez-Paramo, Member of the Executive Board of the European Central Bank, at the Institute of International and European Affairs, Dublin, 19 February 2010: 'Globalisation, international financial integration and the financ...
Financial stability: 10 questions and about seven answers
Speech delivered by Mr Jaime Caruana, General Manager of the BIS, at the 50th Anniversary Symposium of the Reserve Bank of Australia, Sydney, 9 February 2010. Q #7: Does Financial stability need help from monetary policy? Q #8: Are central banks equi...
The Greek crisis and the future of the euro zone
Reuters.com has ran an article analyzing five scenarios of the Greek crisis: Greece rescues itself Greece muddles along in 'slow burn' crisis Greece heads toward default EU bails out Greece EU launches wider bailout In every scenario Reuters describe...
Olli Rehn New EU Commissioner for Economic And Monetary Affairs
The European Union's parliament has approved the new EU Commission for 2010-2014. The Fin Olli Rehn is the new commissioner responsible for economic and monetary affairs. In the previous Commission, Mr. Rehn was responsible for enlargement. Follow th...
The Road to Monetary Union in East Africa
Keynote address by Prof Emmanuel Tumusiime-Mutebile, Governor of the Bank of Uganda, at the Validation Workshop of the Draft Final Report of the Monetary Union Study: 18-20 January 2010, Kampala...
Standards for payment, clearing and settlement systems: review by CPSS-IOSCO
The Committee on Payment and Settlement Systems (CPSS) and the Technical Committee of the International Organization of Securities Commissions (IOSCO) have launched a comprehensive review of their existing standards for financial market infrastructur...
Monetary Unions; lessons from Europe
Article in Euredia 2009/3 (p. 419-440): Other Monetary Unions: are there lessons to be learned from the European experience?, by Antonio Sáinz de Vicuña...
International Representation of the Euro Area
Article in Euredia 2009/2 (p. 297-333): International representation of Europe in the area of economic and monetary union: legal issues and practice in the first ten years of the Euro, by René Smits...
