CHRISTCHUCH, New Zealand - New Zealand\'s central bank is expected to make substantial progress in the next year or two in resolving approaches to corporate governance issues in the banking sector, Reserve Bank of New Zealand governor Alan Bollard said in April.

WASHINGTON - The way advanced banks estimate how much they expect to lose from a debtor\'s default will be crucial in determining the minimum capital they\'ll need to guard against credit risk under the Basel II bank capital adequacy rules.

BASEL - Lack of agreement on common accounting standards for the world\'s insurance industry remains the great weakness of efforts to harmonise insurance regulation, says International Association of Insurance Supervisors (IAIS) secretary general Knut Hohlfeld.

Australia\'s insurance regulator heavily criticised in withering report on the A$5.3 billion HIH debacle David Keefe reports

The Sarbanes-Oxley Act will change the face of corporate governance for financial services firms operating in the US. Tim Leech looks at making chief executives accountable for the actualité

Directors of US banks should be held to a broader, if not higher, standard of care than directors of other types of company given the special characteristics of banks, a paper in the New York Federal Reserve Bank\'s latest Economic Policy Review argues.

US national banks listed on US stock exchanges are expected to comply with the auditor independence provisions of the Sarbanes-Oxley Act, the Office of the Comptroller of the Currency (OCC) said in April.

Some key measures of risk fail the coherency standards set by mathematicians. Triphonas Kyriakis explains the implications for risk-based capital allocation

BASEL, Switzerland, May 5 - Global banking regulators said the results of the key QIS 3 survey of banks in 43 countries were generally in line with the aims of the proposed Basel II capital accord that\'s designed to make the world\'s banking system safer.

Japan\'s banks are virtually insolvent, on some calculations. But the Tokyo government wants all the leaders to adopt new regime By Melvyn Westlake