BIS paper urges central banks to build their own financial buffers

Jaime Caruana

Central banks should build up financial buffers to safeguard their "independent operational and policy capability", according to a Bank for International Settlements (BIS) paper published yesterday.

The paper – Central bank finances, authored by David Archer and Paul Moser-Boehm – provides a framework for central banks to assess the appropriate amount of financial resources to hold.

Jaime Caruana, the BIS general manager, argues that central banks could lose enough money to drive their equity ne

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: