Bank for International Settlements (BIS)

245 results about this entity

Period: 19 Mar 2007 - 29 Jan 2025

/ai

BIS issues guidance for deployment of AI in central banks

Artificial intelligence (AI) presents huge opportunities for central banks. At the same time, its adoption entails complex risk management challenges.

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BIS Innovation Hub sets out 2025 work programme

The BIS Innovation Hub aims to foster international collaboration on innovative financial technology within the central banking community.

/payments

BIS CPMI takes further steps to promote ISO 20022 harmonisation

The BIS Committee on Payments and Market Infrastructures (CPMI) announced further steps to promote the adoption of its harmonised ISO 20022 data requirements for more efficient processing of cross-border payments.

/payments

BIS extends deadline for applicants to join cross-border payments taskforce

The BIS Committee on Payments and Market Infrastructures (CPMI) invites firms that offer cross-border payment services and relevant industry associations to nominate senior representatives to serve on the taskforce on cross-border payments interoperability and extension (the "PIE taskforce").

/regulation

Basel Committee publishes final guidelines for counterparty credit risk management

The Basel Committee on Banking Supervision today issued final guidelines for counterparty credit risk (CCR) management.

/payments

Central bank digital currencies: legal and system design considerations

A group of seven central banks (Bank of Canada, the Bank of England, the Bank of Japan, the European Central Bank, the Board of Governors of the Federal Reserve System, Sveriges Riksbank and the Swiss National Bank) together with the Bank for International Settlements, have been working together to explore selected aspects of central bank digital currencies (CBDCs) for the public ("general purpose" or "retail" CBDC).

/ai

European central banks look to GenAI to improve inflation forecasting

The Bank for International Settlements is working with the European Central Bank and Detusche Bundesbank to explore how generative AI could be applied to improve inflation forecasting.

/payments

Central banks form steering organisation to oversee roll out of Project Nexus

The five central bank partners in Project Nexus, a Bank for International Settlements initiative to interlink domestic real-time payment rails across borders, are to establish a managing entity, the Nexus Scheme Organisation (NSO), which will oversee the project in its live implementation stages, in Singapore.

/regulation

Central banks prove use case for embedding compliance into cross-border transactions

The Bank for International Settlements (BIS) along with central banks in Australia, Korea, Malaysia and Singapore have successfully demonstrated the feasibility of embedding regulatory compliance requirements with cross-border financial transactions.

/payments

Europe's Target Settlement system to join cross-border instant payment project

Europe's Target Settlement system is to join Project Nexus, a Bank for International Settlements initiative to connect domestic real-time networks across borders.

/regulation

Central banks ponder the risks of tokenisation

Tokenisation of money has many benefits, but also poses economic, legal and technical challenges that must be addressed if it is to fulfil its potential, says the Bank for International Settlements.

/wholesale

Central banks rally around data portability project Aperta

The Bank for International Settlements (BIS) is launching Project Aperta to explore how to reduce frictions and costs in global finance by enabling seamless cross-border data portability.