Financial Regulatory Forum

    By Surojit Gupta and Lesley Wroughton
MUMBAI/WASHINGTON, Nov 3 (Reuters) – The International Monetary Fund has sold 200 tonnes of gold to the Reserve Bank of India for $6.7 billion, quietly executing half of a long-planned bullion sale. The deal fuelled speculation that other governments — including China — may be ready to diversify their reserves even at near-record gold prices.

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   By Jan Dahinten and Neil Chatterjee
SINGAPORE, Oct 26 (Reuters) – European Central Bank Governing Council member Christian Noyer warned that banks are taking the same risks that led to the financial crisis and said they should preserve capital rather than pay it out to bankers and investors.His comments came as regulators around the world mull reforms to lower the risks that large banks can pose to the financial system and rein in the type of recklessness that fueled the credit crisis.

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By John O’Donnell
GOTHENBURG, Sweden, Sept 30 (Reuters) – The European Central Bank will combine future tests to check the health of the financial system, its vice president said, outlining his vision for a new watchdog to prevent further crises.

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By Anna Willard
PARIS, Sept 23 (Reuters) – France is concerned about the level of the euro against other currencies and hopes the Pittsburgh G20 will set a timeframe for a future discussion on exchange rates, a French government official said on Wednesday.

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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.

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By Carmel Crimmins and Padraic Halpin

DUBLIN, July 30 (Reuters) – Ireland unveiled a draft law on Thursday giving its “bad bank” wide powers to deal with the legacy of a devastating property crash, but investors will have to wait until September for clues on how much it will cost.

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