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Sector: Regulatory & Government

Government steps in to control SCF

(01 September 2010 – New Zealand) The New Zealand government has said it intends to sell off South Canterbury Finance...

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ADIs receive warning

(30 August 2010 – Australia)The Australian Prudential Regulatory Authority (APRA) has issued a warning to the nation’s authorised deposit-taking institutions...

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RBS reduces staff numbers

(27 August 2010 – Europe) The Royal Bank of Scotland is set to tell around 400 of its Direct Line...

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APRA continues to scrutinise despite improvements

(26 August 2010 – Australia) Australia’s Prudential Regulatory Authority (APRA) has continued to closely monitor bank liquidity and funding post...

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RBS boss says reforms have lowered failures

(25 August 2010 – Global) The chief executive of state controlled lender Royal Bank of Scotland has said that failures...

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BoE almost unanimous on rates decision

(20 August 2010 – UK) Minutes from the Bank of England’s monthly policy setting meeting has revealed that the board...

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Competition between banks ‘sufficient’

(19 August 2010 – Australia) Glenn Stevens, the governor of the Reserve Bank of Australia, has said that the state...

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Japan leaves rates steady

(10 August 2010 − Japan) Japan’s monetary powers have decided to retain the nation’s interest rate at 0.1 percent, as...

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RBS fined 5.6 million GDP

(5 August 2010−Britian) The Financial Services Authority (FSA) has fined the Royal Bank of Scotland £5.6 million for IT system...

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RBNZ raises rates

(29 July 2010−New Zealand)Despite deteriorating economic prospects New Zealand’s central bank has raised interest rates for the second time in...

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