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Committee on the Global Financial System

July 29th, 2010 Long-term issues in International Banking: New Report from the Committee on the Global Financial System
June 29th, 2010 Mark Carney appointed Chairman of the Committee on the Global Financial System

At their meeting in Basel this weekend, the central bank Governors of the Global Economy Meeting (GEM) 1 appointed Mark Carney as chairman of the Committee on the Global Financial System (CGFS). Mr Carney is Governor of the Bank of Canada.

Carney's appointment as chairman of the CGFS is for a term of three years starting on 1 July 2010. He succeeds Donald L Kohn, who has been CGFS Chairman since July 2006 and is retiring as Vice Chairman of the Board of Governors of the Federal Reserve System.

May 27th, 2010 Bank Funding and Liquidity Management: New Report from the Committee on the Global Financial System

The Committee on the Global Financial System (CGFS) today released a report on Funding patterns and liquidity management of internationally active banks. The report was prepared by a study group that was established by the CGFS and chaired by Mário Mesquita, former Deputy Governor of the Central Bank of Brazil.

The report investigates changes in funding practices and liquidity management of international banks in response to the crisis. The report makes the following observations:

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