This week's risk management news includes new banking regulations Pakistan, BIS’ report on central bank governance and financial stability, and approval of a disaster response loan by BSP.
June 22, 2011 | The Asian Banker Editor
State Bank of Pakistan amends regulations to expand outreach of branchless banking
The State Bank of Pakistan has amended the existing regulations for FIs, which include commercial, Islamic and microfinance banks, to expand the outreach of branchless banking operations in the country.
BIS releases report on central bank governance and financial stability
The Bank of International Settlements explored in a report the implications of the crisis for the financial stability mandates of central banks. The report focuses on governance arrangements needed for the effective and sustainable conduct of core monetary policy functions.
Central Bank of Philippines approves $500-million disaster response loan
The Central Bank in Philippines approved a $500-million disaster risk management policy loan from the World Bank to provide immediate liquidity to help improve government response to major calamities.
Re-disseminated by The Asian Banker
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Risk And Regulation Working GroupKeywords:State Bank Of Pakistan, BIS, BSP