FRANKFURT, Dec 9 (Reuters) – A windfall tax on bankers’ bonuses, as is now being discussed in the UK, would not be effective in encouraging less risky behaviour among banks in the long term, ECB Governing Council member Axel Weber said. (more…)
Financial Regulatory Forum
PARIS, Dec 7 (Reuters) – Europe needs new tools to ensure authorities can intervene effectively in the case of the failure of a systemically important financial institution, European Central Bank President Jean-Claude Trichet said on Monday. (more…)
FRANKFURT, Nov 15 (Reuters) – Missing the right moment for the exit from extraordinary policy steps to combat the financial crisis carries the risk of creating new turbulence, European Central Bank Governing Council member Axel Weber said on Monday.
By Ros Krasny
CHICAGO, Sept 25 (Reuters) – Reforms that come out of the recent financial crisis should include enhancing the role of central banks in supervising financial firms, a top European Central Bank policy-maker said on Friday. (more…)
PARIS, Sept 9 (Reuters) – The world economy is improving at a much faster pace than forecast but government and central bank stimulus must stay in place, European Central Bank Governing Council member Christian Noyer said on Wednesday. (more…)
BASEL, Sept 7 (Reuters) – New global rules for bank oversight should help ease boom-and-bust cycles and prevent the build-up of asset bubbles, top central bankers said on Monday. (more…)
FRANKFURT, Aug 28 (Reuters) – More disclosure and transparency in credit derivatives is needed to allow better risk management in a market that amounted to over $41 trillion in December 2008, the European Central Bank said on Friday.