FRANKFURT - The global financial system is safer but there is no room for complacency because of concerns about the international bond market, Financial Stability Board Chairman Mark Carney said on Thursday.
LONDON - The success of British reforms to crack down on misconduct at banks will largely hinge on whether regulators elsewhere in the world help implement them, Hong Kong's top market regulator said.
LONDON - Authorities are nowhere near to fully understanding "shadow banking" as the $75 trillion (50.38 trillion pounds) sector morphs and grows under the influence of new technology and regulation, a top markets supervisor said on Wednesday.
- The G20 group of major nations has included discussion of Islamic bonds as an infrastructure financing tool in its annual agenda, a move that could potentially spur the use of project-based sukuk.
LONDON - British regulators are looking at whether global agreement is possible on revoking licences of bankers who break rules, Bank of England Governor Mark Carney said on Tuesday.
LONDON - Banks are only slowly making progress on changes recommended by regulators in how they deal with foreign exchange "fixing" orders, a key part of a global investigation into market manipulation, according to one European Central Bank official.
LONDON - Global regulators published revised proposals on Wednesday for supervising the world's biggest mutual funds following fierce industry pushback in the United States and elsewhere.
LONDON/FRANKFURT - As the banking crisis fades in memory, only to be replaced by a lingering economic slowdown, governments are losing interest in financial reform despite warnings that dangers still lurk.
LONDON - Markets are less active and therefore less able to absorb shocks and fund growth now that tougher capital rules have forced banks to cut back on trading, a senior Bank of England policymaker said on Wednesday.
ATHENS/BRUSSELS - European Commission President Jean-Claude Juncker stepped up contacts with Greece's new leftist leader on Tuesday to try to bridge differences on the country's debt crisis but EU officials cautioned against expecting any breakthrough this week.