Bank for International Settlements (BIS)

Markets now more resistant to contagion - BIS head

INTERVIEW - Painstaking efforts to strengthen the international financial system are beginning to pay off with global markets resisting contagion from worries over Argentina's debt, according to the general manager of the Bank for International…

BIS International Banking Statistics - Q1 2001

EUROPE - The latest report by the Bank for International Settlements reveals a significant increase in lending to offshore centres in the Caribbean last year, which could be the result of increased hedge-fund activity.

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…

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.

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.