LONDON, November 26 (Global Risk Regulator) – Canada’s Mark Carney, who in a surprise announcement today was named as the next governor of the Bank of England, will remain chairman of the Financial Stability Board (FSB), the body charged with implementing the global financial reforms agreed by world leaders.

Community banks want exemption from proposed rules. Support from some lawmakers and state regulators. “Adjustments” look likely

Intensive negotiations are underway to create a single supervisor mechanism for eurozone banks. Many vexed issues stand in its path By Melvyn Westlake

While Washington agencies seek way to revive money fund reforms, global regulators and EU lawmakers push ahead

A selection of news items generated by the American regulatory reform agenda

International regulators launch counterattack on back-to-basics brigade; task force study likely to come to same conclusions By David Keefe

MEXICO CITY – Global regulators conceded in November that they would miss a deadline for new rules aimed at limiting risk and boosting transparency in the $650 trillion over-the-counter (OTC) derivatives market.

BASEL – International regulators have set out their latest plans for implementing the policy framework dealing with systemically important financial institutions (SIFIs), issuing a raft of new papers ahead of the early-November meeting of Group of 20 finance ministers in Mexico City. New moves include a revised list of global systemically important banks (G-SIBs), and the capital surcharges that may be imposed on them from 2016; and a review of the adequacy of current operational risk capital requirements.

BASEL – An operational strategy for dealing with global banks that fail took another step forward in early November when the Financial Stability Board (FSB) launched a public consultation on its recovery-and-resolution planning guidance for systemically important financial institutions (SIFIs).

BASEL – Twelve principles for dealing with domestic systemically important banks (D-SIBs) have been finalised by the Basel Committee. Issued in mid-October, they follow closely the proposals published for public comment in June, giving national authorities a high degree of discretion over which banks are designated as D-SIBs and the extent of any capital surcharge imposed on them.