Bank for International Settlements (BIS)

241 results about this entity

Period: 19 Mar 2007 - 11 Dec 2024

/crypto

Bank Governors endorse Basle Committee limit on bank exposure to crypto assets

The Group of Central Bank Governors and Heads of Supervision (GHOS), the oversight body of the Basel Committee on Banking Supervision, met on 16 December to endorse a finalised prudential standard on banks' cryptoasset exposures and the Committee's work programme and strategic priorities for 2023–24.

/security

Global regulators raise 'issues of concern' over banks' cyber resilience

The Bank for International Settlements’ Committee on Payments and Market Infrastructures (CPMI) and the International Organization of Securities Commissions (IOSCO) today published an assessment showing reasonably high adoption of their Cyber Guidance by FMIs.

/security

BIS Innovation Hub launches new prototype CBDC

Tourbillon is a new project which aims to explore how to improve cyber resiliency, scalability, and privacy as a prototype CBDC. The project has been launched by BIS Innovation Hub’s Swiss Centre.

/crypto

Binance chief downplays CBDC threat to crypto

Central bank digital currencies (CBDCs) do not pose a threat to cryptocurrencies and would actually help build trust among sceptics by validating the underlying blockchain technology.

/crypto

BIS and three central banks to test cross-border CBDCs using DeFi protocols

The Bank for Inernational Settlements is working with three central banks to explore cross-border CBDC trading and settlement using DeFi protocols.

/payments

BIS and four central banks hail pilot trials of CBDCs in cross-border FX transactions

The Bank for International Settlements (BIS) and four central banks have completed a successful pilot of the use of central bank digital currencies (CBDCs) by commercial banks for foreign exchange transactions across borders, as part of Project mBridge.

/crypto

CBDCs can work with private stablecoins - research

A wholesale CBDC could successfully work with private stablecoins, shows research from the Hong Kong Monetary Authority and BIS Innovation Hub.

/payments

BIS Innovation Hub and Bank Indonesia announce winners of G20 TechSprint

The Bank for International Settlements (BIS) and Bank Indonesia today announced the winners of the G20 TechSprint 2022 challenge during a live award ceremony in Jakarta.

/payments

Central banks explore CBDC for international retail payments

The central banks of Israel, Norway and Sweden are working with the Bank for International Settlements to explore how CBDCs can be used for international retail and remittance payments.

/wholesale

Fintech lending boosts credit access for US small businesses

The use of alternative data sources and machine learning to assess the credit quality of applicants gives US fintechs an advantage over banks when it comes to small business lending, according to a paper from the Bank for International Settlements.

/crypto

Central bank oversight body sets end of year deadline for cryptoassets framework

The Group of Central Bank Governors and Heads of Supervision (GHOS), the oversight body of the Basel Committee on Banking Supervision, met on 12 September to reaffirm its expectations on implementing Basel III and to provide direction on key areas of work by the Committee.

/wholesale

Competition between Big Tech and banks for borrowers can boost privacy - BIS

Competition between Big Tech and banks in attracting borrowers can lead to greater privacy but could also result in more defaults and reduced investment, according to research from the BIS.