IMF Managing Director Christine Lagarde Nominated as ECB President
Christine Lagarde, the Managing Director of IMF, has been nominated for the Presidency of ECB. In that context, she issued a statement specifying that, in consultation with the Ethics Committee of the IMF Executive Board, she has decided to temporarily relinquish her responsibilities as the Managing Director of IMF during the nomination period. If appointed, Ms. Lagarde would succeed Mario Draghi as the ECB president.
The IMF Executive Board states: “We accept Ms. Lagarde’s decision to relinquish her IMF responsibilities temporarily during the nomination period. We have full confidence in First Deputy Managing Director David Lipton as Acting Managing Director of the IMF.”
Related Links
Keywords: International, EU, Banking, Christine Lagarde, ECB President, ECB, IMF
Previous Article
SEC Adopts Revisions to the EDGAR Filer Manual and Related RulesRelated Articles
|
News
PRA Revises Branch Return and Updates Guidance for Regulatory ReportsPRA published the policy statement PS17/19, which contains the final policy related to changes in the format and content of the Branch Return Form and reporting guidance.
September 12, 2019
WebPage
Regulatory News
|
|
News
FINMA Outlines Treatment of Stablecoins in Supplement to Guide on ICOFINMA published a supplement to its initial coin offerings (ICOs) guidelines, outlining the treatment for stablecoins under the Swiss supervisory law.
September 11, 2019
WebPage
Regulatory News
|
|
News
Ursula von der Leyen Presents Structure of Next European CommissionPresident-elect Ursula von der Leyen has presented her team and the new structure of the next European Commission.
September 10, 2019
WebPage
Regulatory News
|
|
News
FED Proposes to Revise and Extend Reporting Form on Systemic RiskFED proposed to extend for three years, with revision, the Banking Organization Systemic Risk Report (FR Y-15; OMB No. 7100-0352).
September 10, 2019
WebPage
Regulatory News
|
|
News
EBA Issues Revised List of Validation Rules for ReportingEBA published the revised list of validation rules (version 2.9) in its implementing technical standards on supervisory reporting.
September 10, 2019
WebPage
Regulatory News
|
|
News
Bundesbank Publishes Supplementary Validation Rules for ReportingBundesbank published the updated document containing supplementary validation rules in the context of the implementation of the reporting system at national level.
September 10, 2019
WebPage
Regulatory News
|
|
News
APRA Licenses Xinja Bank as Authorized Deposit-Taking InstitutionAPRA granted Xinja Bank Limited a license to operate as an authorized deposit-taking institution without restrictions, under the Banking Act 1959.
September 09, 2019
WebPage
Regulatory News
|
|
News
FDIC Proposes Revisions to Regulations on Interest Rate RestrictionsFDIC proposed revisions to its regulations covering interest rate restrictions that apply to less than well-capitalized insured depository institutions.
September 09, 2019
WebPage
Regulatory News
|
|
News
EBA Intends to Clarify End-Treatment of Grandfathered InstrumentsEBA announced its intention to clarify the prudential treatment applicable to own funds instruments at the end of the grandfathering period, which expires on December 31, 2021.
September 09, 2019
WebPage
Regulatory News
|
|
News
IMF Releases Reports on 2019 Article IV Consultation with Saudi ArabiaIMF published its staff report and selected issues report in context of the 2019 Article IV consultation with Saudi Arabia.
September 09, 2019
WebPage
Regulatory News
|
