Bank for International Settlements (BIS)
Best practice-monitoring financial stability risks
CENTRAL BANK RESEARCH - The Bank for International Settlements has published a new book "Marrying the macro- and microprudential dimensions of financial stability" which is contributed to by senior central bankers from all round the world and looks at…
BIS Stability Forum's 'to do list'
ARTICLE - The Financial Stability Fourm (FSF), following its meeting on 22/23 March in Washington DC, has released a paper revealing the progress of dozens of initiatives now underway to bolster financial system soundness.
SARB-payment system risk reductions measures
SOUTH AFRICA - The South African Reserve Bank announced on Apr 5, 2001, that it has embarked on a phased implementation of certain risk reduction measures in the national payment system.
Risk measurement and systemic risk conference
CENTRAL BANK CONFERENCE - On March 7-8, 2002, the Committee on the Global Financial System (CGFS), in co-operation with the Bank of Japan, the Board of Governors of the Federal Reserve System and the European Central Bank, will host, under the auspices…
BIS to open office for the Americas in Mexico City
LATIN AMERICA - The Bank for International Settlements announced on Mar 30 that it is planning to establish a representative office for the Americas in Mexico City.
Oman central bank to host supervision seminar
OMAN - The Central Bank of Oman will host a regional seminar on banking supervision organised by Switzerland's Financial Stability Institute of the Bank for International settlements.
Asian forum Manila Framework Group meets in China
CHINA - The Manila Framework Group regional financial forum started a two-day meeting in Beijing on Mar 28, 2001 to discuss a range of issues including the impact of the slowing U.S. economy, organisers said.
G10 payment systems 1999 statistics-BIS report
BIS REPORT - The Committee on Payment and Settlement Systems at the Bank for International Settlements has published "Statistics on Payment Systems in the Group of Ten Countries: Figures for 1999". This is an annual publication that provides data on…
Recent US data 'quite encouraging' - BoE George
Central bankers from the Group of l0 industrialized nations believe a pick-up in the U.S. economy during the second half of this year "remains the most likely outcome," Eddie George, current chairman and head of the Bank of England, said on Mar 12, 2001.
BIS sets up Asia-Pacific consultative council
The Bank for International Settlements (BIS) said on Mar 12, 2001 it had set up an Asian Consultative Council comprising governors of its central bank members in the region.
New and improved BIS website is launched
The Bank for International Settlements (BIS) announced on Mar 12, 2001 that its redesigned and improved website is now available at www.bis.org.
The rise and fall of consortium banks-by R Roberts
ARTICLE - Consortium banks, which flourished in the early "unregulated" years of the Euromarkets, have all but disappeared. Richard Roberts explains how concern about their stability prompted the BIS to develop the principle of "parental responsibility"…
Central banks use GSE debt to adjust portfolio-BIS
Central banks appear to be increasingly using agency securities in lieu of Treasurys to make necessary adjustments to their portfolios, the Bank for International Settlements said in a report released on Mar 5, 2001.
BIS -Turkey borrowed heavily before latest crisis
Turkish public and private borrowers drew large sums from foreign banks late in 2000 even as problems were starting to show up in the country's financial system, the Bank for International Settlements (BIS) said.
Information flows during Asian crisis-BIS paper
In a BIS working paper "Information flows during the Asian crisis: Evidence from closed-end funds" Benjamin H Cohen and Eli M Remolona look at the collapse of Asian stock markets that took place over several months in 1997 and ask what information was…
Case for Eurozone monetary indicators? - Svensson
In a Bank for International Settlements working paper "Money and inflation in the Euro Area: A case for monetary indicators?" Stefan Gerlach and Lars E O Svensson find that the "real money gap" (the gap between current real balances and long-run…
E-banking conference to be held in Philippines
Philippine government officials, bankers, businessmen, academics, and other observers of the Philippine economy will tackle the challenges and opportunities of electronic banking at a conference being held by the Philippines central bank.
BSP to tighten insider lending rules BIS standard
The Bangko Sentral ng Pilipinas (BSP) will tighten its rules on loans to banks' directors, officers, shareholders, or related interests (DOSRI) to further strengthen the banking system and meet international standards.
CPSS revises glossary of payment system terms
A revised version of the CPSS / BIS publication "A glossary of terms used in payment and settlement systems" is now available for download on the BIS website.
Thai payments need an overhaul-Gov. Chatumongol
Commercial banks should focus on developing more competitive payment systems to maintain their market share, according to the Bank of Thailand governor, M.R. Chatumongol Sonakul.
'Suing the BIS'- by William Hall
William Hall of the Financial Times reports on the difficulties the Bank for International Settlements has got into as it struggles to counter the accusation that the price it has offered to buy back its shares from the private sector is "absurdly low".
BIS urges vigilance on asset bubbles
It's time for central bankers to get tough on bubbles, according to a top official at the Bank for International Settlements. Overly high stock and property prices should prompt central bankers to take interest rate action in the same way rising wage…
Asia response to revised Basel Accord
Asian countries have responded well to proposals for a new regulatory framework strengthening the global banking system and allowing banks more independence in assessing capital risk, according to New York Federal Reserve President William McDonough. …
BIS cbankers expect world economy to pick up
Central bankers meeting in Hong Kong on Feb 12, 2001 agreed that the global economy is now slowing but will return to growth in the second half of 2001, said an official who briefed reporters. Andrew Crockett, general manager of the Bank for…