Financial Regulatory Forum

EU shelves plan to unveil disputed bank reform for now

By Reuters Staff
October 16, 2009

European Commissioner in charge of Internal Market and Services Charlie McCreevy speaks during a news conference at EC Headquarters in Brussels September 23, 2009. (file photo)REUTERS/Sebastien Pirlet   (BELGIUM POLITICS BUSINESS) By John O’Donnell and Huw Jones
BRUSSELS, Oct 15 (Reuters) – The European Commission has abandoned plans to publish laws on bank capital rules this month, the EU executive said, amid a dispute that puts a question mark over its centrepiece reform to the way banks work.

ECB’s Noyer says leverage ratio makes no sense as trouble signal

By Reuters Staff
September 1, 2009

BUENOS AIRES, Sept 1 (Reuters) – The idea of a simple leverage ratio to help anticipate financial crises is unlikely to work, European Central Bank governing council member Christian Noyer said on Tuesday.