Bank for International Settlements (BIS)
Lamfalussy godfather of BIS’s macroprudence
National Bank of Belgium paper shows Alexandre Lamfalussy as the originator of the macroprudential approach to stability
Mutual guarantee institutions aids credit access
Bank for International Settlements finds that membership of mutual guarantee institutions help small and medium enterprises to obtain bank funding
Accounting standards and capital regulation for securitisation
Bank for International Settlements looks at how regulators could alter the securitisation chain and its influence on originators’ incentives
Interventions helped creditors not shareholders
Bank for International Settlements reviews market reaction to bank rescue packages during the crisis
Basel outlines plans to tighten bank regulation
Central bank governors and heads of supervision agree on raft of measures to rein in banks
Rethinking decoupling
The decoupling hypothesis has been one of the casualties of the crisis, Martina Horáková argues
Improving institutional governance in central banks
John Mendzela urges central banks to be leaders, not laggards, in implementing robust governance principles
Towards new microfoundations for macro
Marcus Miller surveys the challenges facing modern macroeconomics, and suggests ideas whose time may have come.
Basel Committee devises accounting principles
Committee’s guidelines focus on provisioning, fair-value measurement
GDP to return to normal by mid-2010: BIS economists
Head of economic and monetary department Stephen Cecchetti and his team say pre-crisis GDP levels to be reached by June
New data on operational risk losses
Survey from the Bank for International Settlements collects data on op-risk losses from 121 banks in 17 countries
Basel-based CPSS broadens membership
Central banks of Australia, Brazil, China, India, Mexico, Russia, Saudi Arabia, South Africa and South Korea to join the Committee on Payment and Settlement Systems (CPSS)
China’s international balance sheet to triple in ten years
Bank for International Settlements shows that China’s role as a creditor nation will increase in the future
Counterparty risk drives foreign-exchange swap market
Bank for International Settlements investigates dislocations in the foreign-exchange swap market between the dollar and three major European currencies
BIS’s Caruana recommends capital ratios of above 10% in booms
Bank for International Settlements’ Jaime Caruana says that capital ratios for financial institutions could go above 10% in good times
BIS’s Caruana calls for rule-based approach
Jaime Caruana from the Bank for International Settlements says rule-based approach is needed to address the procyclicality of the financial system
BIS's Cecchetti on inflation, imbalances and instability
The head of the Bank for International Settlements' monetary and economic department, on how central-bank policy should change in light of the crisis
Ortiz on governance, risk and Mexico's progress
The Bank of Mexico governor and BIS chairman discusses central bank governance, monitoring systemic risk and why Mexico has managed to avoid a financial meltdown despite being hard hit by the crisis
Stability role will turn up political heat – Ortiz
Enhanced stability mandate likely to be accompanied by more political scrutiny, says Bank for International Settlements chairman and governor of the Bank of Mexico
BIS volume on household debt-policy implications
The Bank for International Settlements has published a volume of speeches and papers delivered at a seminar on the implications of household debt for monetary policy and financial stability, held in March 2008 in Seoul.
Measuring financial stability
Difficulties in measuring financial stability should not delay the implementation of an operational framework, research published by the Bank for International Settlements (BIS) argues.
Inflation-targeting central banks communicate more
Central banks operating under inflation-targeting frameworks tend to provide more information than entities operating under other frameworks, a new paper from the Bank for International Settlements reveals.
Lat Am's progress highlighted by crisis: BIS
The development of Latin America's financial markets and policymakers' enhanced credibility have been underscored by the region's ability to withstand the worst ravages of the crisis, a paper published by the Bank for International Settlements (BIS) said.