WASHINGTON – Moves by US regulators to limit speculation in energy futures, awaited with mixed feelings by non-US exchanges since last summer, appeared at first sight to be less draconian than many had feared.

GENEVA – More effort is needed to galvanise world leaders into action to push major reforms in global governance, according to the influential World Economic Forum (WEF).

WASHINGTON – Making banks pay higher deposit-insurance premiums for risky pay practices, as proposed by a key US federal banking regulator, is simply a bad idea, according to top risk analyst Karen Shaw Petrou.

The G20 leaders want a single set of global accounting rules, but it’s proving a bumpy road.

Central bankers and other regulators overseeing global banking regulators took a harder line in January over the development of a so-called expected loss approach to accounting for loan losses, an issue that has long threatened a split between regulators and accounting standard-setters.

Banking, insurance and securities regulators must get their act together and present a united front, says a key report

Australian Securities and Investments Commission (ASIC) chairman Tony D’Aloisio has been appointed Joint Forum chairman with effect from January 1, 2010 for a two-year term.

There’s no objective justification for some of the key differences among the regulatory regimes that apply to the banking, securities and insurance sectors, the Joint Forum report says. The relevance of some of these differences has been emphasised by the financial crisis, it says.

Regulators plan to keep countries up to scratch on reform implementation, with five more reviews this year

BASEL, Switzerland, January 11 (Global Risk Regulator) – Central bankers reminded bankers of the need to improve their risk management at talks on the global economy held by the Bank for International Settlements (BIS) over the weekend, a top central banker told reporters today.