Federal Reserve
US Fed working on horizontal reviews of op risk issues
Supervisor looking at range of issues as part of broader look at big banks, including compensation, compliance, and capital
$500 billion reserve drain made crisis worse: IMF’s Ferhani
Deputy director says IMF research shows central bank reserve managers withdrew $500 billion from deposits at commercial banks during crisis
Euro should not covet reserve role
Panellists in a new CentralBanking.com web seminar say becoming a reserve currency would hamper recovery
US bank regulators align with Basel Committee on liquidity
US banking regulators have issued new liquidity risk policy co-ordinated with Basel Committee guidance.
Questioning the compensation carrot
Regulators on both sides of the Atlantic have demanded that bank compensation packages are adjusted for risk. A variety of proposals have been released by individual supervisors, but they are simpler – and in some cases, more draconian – than many were…
The liquidity lifeline
The Basel Committee intends to introduce internationally binding liquidity standards, to include both a requirement for a liquid assets buffer and longer-term structural funding constraints. How will the measures be calculated and what will the…