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Global - October 21 2010
Today, the Bank for International Settlements (BIS) released a report entitled "Developments in Modeling Risk Aggregation," which addresses improvements to the current modeling techniques used by financial services companies to aggregate and evaluate risks.
USA - October 20 2010
Yesterday, at an open meeting, the FDIC Board of Directors, upon the recommendation of the FDIC staff as reflected in a proposed memorandum and Notice of Proposed Rulemaking on Assessment Rates, Dividends and the Designated Reserve Ratio, voted to approve a comprehensive, long-range restoration plan for the deposit insurance fund (DIF), exercising authority granted to the FDIC by the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 to change the reserve requirements under the DIF, which was the subject of a public forum late last month.
Global - October 11 2010
On Thursday, in connection with the Annual Meetings of the World Bank Group and the International Monetary Fund, the Intergovernmental Group of Twenty-Four (G-24) issued a communiqué on monetary affairs and development.
Global - October 11 2010
In connection with the Annual Meetings of the IMF and the World Bank in Washington, D.C. this weekend, the IMF Board of Governors’ International Monetary and Finance Committee (IMFC), chaired by Dr. Youssef Boutros-Ghali, Minister of Finance of Egypt, issued a communiqué summarizing the IMF’s Annual Meeting.
Global - October 11 2010
On Saturday, at the Annual Meetings of the World Bank Group and the International Monetary Fund (IMF), the IMF's Development Committee issued a communiqué on the transfer of resources to developing countries.
