Bank for International Settlements (BIS)

240 results about this entity

Period: 19 Mar 2007 - 26 Nov 2024

/crypto

Banks must disclose crypto asset exposures says Basel Committee

Banks will be forced to disclose their exposure to crypto assets under new regulatory rules proposed by the Basel Committee on Banking Supervision.

/payments

BIS publishes proposals for harmonisation of ISO20022 data standards

The Bank for International Settlements' Committee on Payments and Market Infrastructures (CPMI) has published harmonised ISO 20022 data requirements amid fears over the inconsistent application of the international messaging standard across different jursidictions.

/regulation

Central banks bid to embed compliance requirements into real-time transactions

The Bank for International Settlements, along with the central banks of Australia, Korea, Malaysis and Singapore, is exploring the possibility of embedding regulatory requirements into cross-border transactions.

/crypto

BIS Project Atlas explores economic significance of cryptoassets and DeFi

The Bank for International Settlements (BIS) and its partner central banks within the Eurosystem have developed a proof of concept to explore the macroeconomic relevance of cryptoasset markets and DeFi.

/crypto

BIS applies DeFi principles to cross-border wCBDC tests

The Bank for International Settlements (BIS) and the central banks of France, Singapore and Switzerland have successfully tested the cross-border trading and settlement of wholesale central bank digital currencies (wCBDCs) between financial institutions, using new decentralised finance (DeFi) technology concepts on a public blockchain.

/crypto

BIS chief calls on countries to modernise legal frameworks to support CBDCs

BIS general manager Agustin Carstens has called on countries to modernise their existing legal frameworks in a way that ensures legitimacy, privacy, integrity and choice for central bank digital currencies.

/crypto

BIS and Israel and HK central banks examine security, privacy and accessibility in CBDC design

The Bank for International Settlements says a joint experiment conducted with the central banks of Israel and Hong Kong proved the feasibility of a retail central bank digital currency (rCBDC) ecosystem that combines accessibility, competition and preventative cyber security, while retaining key advantages of physical cash.

/sustainable

BIS, COP28 and UAE central bank launch TechSprint for sustainable finance and climate change

The Bank for International Settlements (BIS) is joining the COP28 Presidency and the Central Bank of the United Arab Emirates (CBUAE) to launch the COP28 UAE TechSprint, a technology initiative to foster innovation in scaling sustainable finance and combating climate change.

/startups

BIS and Reserve Bank of India announce winners of G20 TechSprint 2023

The Bank for International Settlements (BIS) and the Reserve Bank of India (RBI) today announced the winners of the G20 TechSprint 2023 challenge during an award ceremony in Mumbai.

/crypto

BIS reports on lessons learned from CBDC experiments

The world's central banks are stepping up efforts to prepare the ground for central bank digital currencies (CBDCs) either as digital cash (retail) or tokenised reserves (wholesale).

/payments

Central bank interest in CBDCs shows no sign of waning

The exploration by central banks into digital currencies shows no sign of cooling, with 15 retail and nine wholesale CBDCs expected to enter circulation by the end of the decade, according to new data from the bank for International Settlements.

/payments

BIS builds out 'game-changing' blueprint for the future monetary and financial system

A novel type of financial infrastructure combining tokenised money and assets on a programmable platform could radically alter the global financial system, argues a new report from the Bank for International Settlements.