Bank for International Settlements (BIS)

240 results about this entity

Period: 19 Mar 2007 - 26 Nov 2024

/crypto

Metaverse to place new demands on payment services - BIS

The metaverse could place new demands on payment services that may be better met by central bank digital currencies and retail faster payment systems than by crypto, according to a Bank for International Settlements report.

/crime

Could CBDCs help prevent fraud?

Mandatory reimbursement for victims of authorised push payment (APP) scams came into full effect under the Payments System Regulator (PSR) at the end of last year.

/crime

BIS and Bank of England seek advisors for financial crime project

The London innovation hub of the Bank for International Settlements is inviting applications for an expert advisory group on a Bank of England-led project on financial crime fighting.

/regulation

BIS Innovation Hub discloses first six projects for 2024 work programme

The Bank for International Settlements (BIS) today announced the first batch of six new projects in its 2024 Innovation Hub work programme, including experimentations on cyber security, fighting financial crime, central bank digital currencies (CBDCs) and green finance.

/regulation

LLMs display cognitive shortfalls - BIS

When posed with a logical puzzle that demands reasoning about the knowledge of others and about counterfactuals, large language models (LLMs) display a "distinctive and revealing pattern of failure," according to a bulletin from the Bank for International Settlements.

/regulation

Basel Committee tightens criteria for preferential regulatory treatment of stablecoins

The Basel Committee on Banking Supervision today published a consultative document to propose targeted adjustments to its standard on banks' exposures to cryptoassets.

/regulation

Banks still lagging in meeting risk data aggregation and reporting principles

The Basel Committee on Banking Supervision today published a progress report on banks' implementation of the BCBS 239 Principles for effective risk data aggregation and reporting.

/regulation

Bank regulators warn over operational resilience challenges

Banks across the EU are failing to adequately meet guiding Principles on operational resilience and risk laid down by the Basel Committee in 2021.

/security

Basel Committee publishes discussion paper on digital fraud

The Basel Committee on Banking Supervision is today publishing a discussion paper on digital fraud and banking.

/crypto

How stable are stablecoins? Not very says the BIS

Not a single stablecoin monitored by the Bank for International Settlements has succeeded in maintaining parity with its currency peg, leading to uncomfortable questions about the their utility in the real economy.

/crypto

BIS-led Project Polaris provides guide for offline OCBC design

The design of offline payments with Central Bank Digital Currency (CBDC) is a complex undertaking.

/payments

Linking fast payment systems across borders: considerations for governance and oversight

This consultative report - issued as part of the G20 cross-border payments programme - describes initial considerations on governance and oversight for fast payment system (FPS) interlinking across borders.