Financial market report 3/2010
(08.11.2010)
Numero
3/2010Julkaisija
Bank of Finland
2010
Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:bof-201408075133Tiivistelmä
1 Financial intermediation 4
1.1 Interest rates rising on fixed-term deposits 4
1.2 Finland is still a country of short-term reference rates and low interest rates on housing loans 6
2 Banks and insurance corporations 9
2.1 Domestic banks near-term outlook is brighter 9
2.2 EU-wide stress tests screened banks' sovereign exposures 11
2.3 Irish banks to receive additional capital support from the state 14
2.4 Chinese banking system serves as government policy instrument 17
3 Securities markets 20
3.1 Huge increase in turnover on the global foreign exchange market, according to the BIS survey of foreign exchange and derivatives market activity 20
3.2 Majority of domestic investment funds claims are on Europe 22
4 Infrastructure 25
4.1 Criminals have shifted focus from copying payment cards to wallet and identity theft 25
4.2 Slow progress on SEPA 27
5 Key regulatory and supervisory initiatives 29
5.1 Basel Committee on Banking Supervision tightens banks capital adequacy requirements considerably 29
5.2 Comprehensive financial market reform in the US 31
6 Key corporate arrangements and events in the financial sector 34
1.1 Interest rates rising on fixed-term deposits 4
1.2 Finland is still a country of short-term reference rates and low interest rates on housing loans 6
2 Banks and insurance corporations 9
2.1 Domestic banks near-term outlook is brighter 9
2.2 EU-wide stress tests screened banks' sovereign exposures 11
2.3 Irish banks to receive additional capital support from the state 14
2.4 Chinese banking system serves as government policy instrument 17
3 Securities markets 20
3.1 Huge increase in turnover on the global foreign exchange market, according to the BIS survey of foreign exchange and derivatives market activity 20
3.2 Majority of domestic investment funds claims are on Europe 22
4 Infrastructure 25
4.1 Criminals have shifted focus from copying payment cards to wallet and identity theft 25
4.2 Slow progress on SEPA 27
5 Key regulatory and supervisory initiatives 29
5.1 Basel Committee on Banking Supervision tightens banks capital adequacy requirements considerably 29
5.2 Comprehensive financial market reform in the US 31
6 Key corporate arrangements and events in the financial sector 34