Bank for International Settlements (BIS)

240 results about this entity

Period: 19 Mar 2007 - 26 Nov 2024

New members join BIS Committee on Payments and Market Infrastructures

The central banks of Argentina, Indonesia and Spain are joining the Committee on Payments and Market Infrastructures (CPMI), the global standard setter for the payment, clearing and settlement systems that underpin global financial markets.

BIS warns central banks on digital currency issuance

Central banks should steer clear of developing their own digital currencies for issue to the general public the Bank for International Settlements has warned.

Basel Committee outlines disruptive fintech scenarios

The Basel Committee on Banking Supervision has outlined five potential scenarios describing the potential impact of fintech on banks.

BIS: Choice and diversity are the key to quicker, cheaper cross-border retail payments

There is room to improve the infrastructure for payments made by individuals and businesses that cross borders, according to a new report by the Committee on Payments and Market Infrastructures (CPMI), the global standard setter for payment, clearing and settlement services.

BIS general manager calls for central banks to act against 'parasitical' virtual currencies

A senior executive at the Bank for International Settlements has delivered a scathing attack on bitcoin, deriding the virtual asset as a ponzi scheme and environmental disaster, and calling on central banks to act against the "invasive" spread of cryptcurrencies.

Central banks seek better wholesale payments security

The Committee on Payments and Market Infrastructures (CPMI) has set out a plan to improve the security of wholesale payments that involve financial institutions in a bid to prevent a repeat of last year's $81 million Bangladesh Bank hack.

Global regulators call for comments on harmonising OTC derivatives data standards

The Committee on Payments and Market Infrastructures (CPMI) and the International Organization of Securities Commissions (IOSCO) have today published for public comment a consultative report on Harmonisation of critical OTC derivatives data elements (other than UTI and UPI) – third batch.

Central bank Governors welcome global code of conduct for currency markets

The Governors of the Global Economy Meeting welcome the publication of the FX Global Code, a single global code for the wholesale foreign exchange market, as well as the establishment of the Global Foreign Exchange Committee to maintain the Code in the future.

FXPA endorses Global Code for FX market

The Foreign Exchange Professionals Association (FXPA) welcomes the release of the Global Code for the wholesale foreign exchange market, which was published this morning in London.

To- big-to-fail banks rapped for lax risk practices

The Basel Committee on Banking Supervision today published its latest progress report on banks' implementation of the Principles for effective risk data aggregation and reporting.

BIS issues report on distributed ledger tech

The Committee on Payments and Market Infrastructures has published a report on Distributed ledger technology in payment clearing and settlement.

Sterling flash crash caused by confluence of factors - BIS

Report prepared by an ad-hoc Markets Committee working group led by Rebecca Jackson, Liam Crowley-Reidy (Bank of England) and Andreas Schrimpf (Bank for International Settlements, Secretary).