Bank for International Settlements (BIS)

234 results about this entity

Period: 19 Mar 2007 - 16 Oct 2024

/regulation

CPMI calls for ideas on ways to expand PvP settlement

Settling FX trades can lead to significant principal risk exposures when one counterparty to a trade sends a currency payment to the other counterparty before receiving the currency it is buying.

/crypto

BIS GM issues Facebook stablecoin warning

The rise of Big Tech and its incursions into payments through projects such as Facebook's Diem stablecoin, could concentrate market power and threaten financial stability, challenge bank business models, and fragment the monetary system, warns BIS general manager Agustín Carstens.

/crypto

CPMI and Iosco publish guidance, call for comments on stablecoins

International financial watchdogs are close to approving new rules on the use of stablecoins in financial markets, using the 'same risk, same regulation' mantra that has been aplied to discussions over the reining in of Big Tech and non-bank payment companies.

/crypto

Central banks convene on CBDCs

Seven central banks have issued a set of reports intended to build a global consensus for the design and development of a retail digital currency.

/crypto

BIS: CBDC and DLT combo outperforms correspondent banking system

A prototype of multiple central bank digital currencies (mCBDCs) developed by the Bank for International Settlements and four central banks has demonstrated the potential of using digital currencies and distributed ledger technology (DLT) for cheaper and safer cross-border payments and settlements.

/crypto

Trade associations urge Basel Committee to revise planned regime for bank crypto interests

A group of trade associations have called on the Basel Committee on Banking Supervision to revise its proposed punitive rules on investments in crypto assets by financial institutions.

/crypto

BIS's Cœuré raises spectre of Big Tech and stablecoins in push for CBDC action

Central banks need to accelerate their CBDC work in the face of stablecoins, digital assets and the incursion of Big Tech into finance, says the head of the BIS Innovation Hub, Benoît Cœuré.

/crypto

Central banks to develop prototypes for cross-border CBDC settlement

The Bank for International Settlements has enlisted the central banks of Malaysia, Singapore, South Africa and Australia to test the use of central bank digital currencies (CBDCs) for international settlements.

/sustainable

BIS to investigate tokenised green bonds

The Bank for International Settlements Innovation Hub has started its first green finance project, Genesis, which will explore the tokenisation of green bonds enabling investment in small denominations, combined with real-time tracking of environmental outputs.

/regulation

BIS Committee on Payments and Market Infrastructures publishes work programme for 2021-22

The CPMI today published its work programme for 2021–22, which will focus on shaping the future of payments and addressing risks in financial market infrastructures.

/markets

BIS: Quantifying the HFT 'arms race'

We use stock exchange message data to quantify the negative aspect of high-frequency trading, known as "latency arbitrage". This means arbitrage opportunities that are sufficiently mechanical and obvious that capturing them is primarily a contest in speed.

/payments

BIS and Singapore central bank publish blueprint for global real-time payment connectivity

The Bank for International Settlements and the Monetary Authority of Singapore have published a blueprint for the multilateral linking of domestic real-time payement systems across borders.