Bank for International Settlements (BIS)
World's biggest banks $80bn short of Basel III capital
Results from Basel Committee's latest monitoring exercise of banks' compliance with new regulatory framework shows progress but also some setbacks
Caruana calls on central banks to explain reaction functions
BIS general manager says central banks must manage expectations as they normalise monetary policy, partly by explaining how ‘policies might change as conditions evolve’
Nigerian RTGS joins Swift
The country's adoption of the global payment platform yesterday is expected to improve settlement security and discourage the use of cash payments in the longer term
Borio-led BIS team proposes new approach to measure output gap
Trying to calculate the output gap using the Phillips curve is problematic, say Basel-based economists; new approach finds financial cycle proxies add ‘significant information' to the estimate
Global lending conditions more connected than ever, says BIS's Turner
Big emerging market corporations are borrowing abroad, while global capital has been flowing into EMs – meaning lending conditions are more strongly connected than before
Central banks must lean against boom and bust to retain credibility, says Borio
A more symmetrical response to booms and busts is required to leave policy-makers with the ammunition and credibility to tackle them, says top BIS economist
People: Maldives nominates female governor; Uribe takes over from Carstens on BIS body
Local bank executive nominated after former governor's sudden resignation; Colombia governor Uribe takes over from Agustin Carstens on BIS Americas council
Asian decoupling a figment of the great moderation, says BIS paper
Evidence of Asia's economic decoupling from the rest of the world was a symptom of low co-movement during tranquil economic times, which ended with the arrival of the financial crisis
John Taylor calls for international policy co-ordination
Paper published today by the BIS says recent unusual monetary policies have been appropriate and benign - and international co-ordination could lead to an international co-operative equilibrium
Dealers losing exclusive role in foreign exchange, BIS report notes
A new analysis of the 'anatomy' of the forex market notes the increasing influence of non-dealer financial institutions, following this year's triennial survey
OTC derivatives turnover driven by 'non-dealer' contracts, says BIS
Article in latest BIS quarterly review notes share of inter-dealer trades shrunk to 35% in 2013; trading remains concentrated in major financial centres despite 'rapid' growth in EM currencies
Risky loans reach pre-crisis levels as banks are increasingly bypassed, warns BIS
Basel-based organisation also frets over impact on corporate bond markets from interest rate normalisation; cross-border lending falls in Q2 as non-banks play increasingly important role
ECB celebrates decade of international co-operation
Conference looks back at quarter of a century of co-operation between central banks around the world - in which the ‘helped have become the helpers' thanks to knowledge exchange
Caruana flags evidence of ‘manifold’ QE spillovers
BIS general manager presents evidence of varied spillovers from advanced economies' monetary policy; says policy-makers should do more to take them into account
OECD’s William White fears global economic system is still highly unstable
William White tells Christopher Jeffery he is wary of placing too much reliance on the ‘science’ of monetary or regulatory policy. He also believes the world economic system is still out of balance
Asia Risk Congress: BIS points to Asian example as evidence new LCR not 'relaxed'
Asian regulators' partial recognition of Level 2B assets justifies revised Basel liquidity approach
BIS paper weighs future of liquidity stress tests
Bank for International Settlements working group compiles survey on current stress-testing practices among its members, and identifies a basic framework of what future tests could include
BIS' Caruana identifies ‘new' threats to central bank credibility
Central bank independence is under pressure from unprecedented monetary policies, says BIS manager; argues banks' ‘credibility in fulfilling their mandates' is at stake
Dollar lending in East Asia can override local monetary policy, says BIS' McCauley
Paper by Robert McCauley and Dong He of the HKMA argues the growth of credit in foreign currencies, especially the dollar, transmits global monetary easing to East Asia
Chinese capital rules meet Basel III standards
Bank for International Settlements report says China’s capital rules are in line with the Basel III minimum standards, but finds two 'potentially material' flaws
BIS research dismisses fears over high-quality asset shortage
Article says increase in high-quality assets appears sufficient to meet rising demand, but risks could still come from elsewhere
Robert Pringle’s Viewpoint: Looking for a game-changer for the financial system
The world may need to look to central bank governors in countries such as China and India to champion reform of the global monetary architecture
BIS research finds capital requirements had minor impact on bank lending
Quarterly review article presents evidence that banks have adjusted to higher capital requirements mainly via retained earnings, rather than by cutting lending, with less of a macroeconomic impact
BIS statistics show surge in emerging market claims
Latest figures for cross-border claims show rapid increase in lending to emerging markets in first quarter of 2013, though Fed taper talk has since reversed the flow