Bank for International Settlements (BIS)
We know better now: Canada’s Carney
Bank of Canada governor Mark Carney reviews lessons learnt as the central bank celebrates its 75th anniversary
Noyer to chair BIS board
Banque de France governor succeeds Guillermo Ortiz as chairman of Bank for International Settlements’ board
BIS on the origins of macroprudential
Bank for International Settlements research traces the etymology of macroprudential, noting that it has become a buzzword in the aftermath of the crisis
BIS’s Caruana: central banks up to stability task
Bank for International Settlements’ Jaime Caruana says crisis highlighted the prominent role central banks should have in financial stability policy
New rules in pipeline for financial plumbing
Head of Basel-based CPSS says decade-old principles for payments, settlement and clearing must be updated and financial resource requirements sharpened
Stability framework possible despite data challenge: Borio
Bank for International Settlements’ Claudio Borio says measurement of financial stability is the major challenge
Brazil’s Meirelles joins BIS board
Governor of the Central Bank of Brazil replaces outgoing chairman and former Mexico governor, Guillermo Ortiz
Basel-offshoot calls for more consistency
Joint Forum publishes recommendations to standardise cross-border regulation in banking, insurance and securities
Carstens likely to replace Ortiz as BIS chair
Guillermo Ortiz will step down as chairman of the Bank for International Settlements’ board if he leaves the Bank of Mexico
Packed agenda awaits Basel Committee at crunch meeting
Uncertainties abound ahead of key gathering
Unconventional monetary policy reviewed
Claudio Borio and Piti Disyatat set out a framework of definitions to help categorise and clarify the functions of various monetary policy tools, and assess central banks’ actions since the crisis
Reflections on liquidity crises: Borio
The BIS’s Claudio Borio discusses ten propositions on liquidity crises, including the importance of improving buffers and the need for principles on central bank liquidity provision
BIS data show rebound in OTC derivatives
Notional amount of OTC derivatives trades rises by 10% in six months to June after fall in final half of last year
Multilaterals define systemic importance
Report suggests an initial framework that can be adapted by individual countries
BIS global financial regulator needed: Griffith-Jones
Stephanie Griffith-Jones argues for far stronger global financial regulatory governance under the Bank for International Settlements (BIS)
Global balance-sheet growth behind dollar scarcity
Bank for International Settlements looks at the causes of the dollar shortage in the global banking system during the crisis
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.