1. Theres the option under my stuff:
My Stuff -> My Preferances -> Notify me when a new user registers on the forum.
However if you have the option selected that users need to be approved by an admin before registration completes, i believe this is standard behavior.
2. All emails sent from the forum are sent by the board email address set in:
CP -> Master Settings -> Primary Settings -> Board Email Address
I believe that an email is only sent when declining when you enter a reason for a decline.