Bank for International Settlements (BIS)
BIS' Knight on challenges of monetary policy
In the speech 'Objectives and challenges of monetary policy' given on 19 January Malcolm Knight of the BIS said a number of central banks intent on preventive action have actually turned to the use of supervisory instruments to promote credit restraint.
BIS papers on financial globalisation
On 19-20 June 2006, the BIS held its fifth Annual Conference, on Financial Globalisation, in Brunnen, Switzerland. The BIS published Papers from the event on 28 December.
BIS Quarterly Review, December 2006
The Bank for International Settlements published its December 2006 Quarterly Review on Monday 11 December. The report said financial markets appear to be confident about the outlook for global economic growth and expect a "soft landing" in the US.
New payments data from CPSS
The Committee on Payment and Settlement Systems published their annual statistical update of data on payments and payment systems for 2005.
BIS' Knight on financial stability
In a speech given on 11 October Malcolm Knight of the BIS posed some questions to central banks and supervisory authorities regarding how best to oversee the activities of institutions engaged in microfinance.
BIS paper on the euro as a reserve currency
The BIS Working Paper "The euro as a reserve currency: a challenge to the pre-eminence of the US dollar?" investigates whether euro financial markets have developed sufficiently to facilitate the emergence of the euro as a reserve currency on par with…
BIS's Knight on financial stability
In the speech 'Marrying the micro- and macroprudential dimensions of financial stability: six years on' given on 5 October Malcolm Knight of the BIS said much has been done in recent years to strengthen the macroprudential orientation of prudential…
Monetary and prudential policies at a crossroads?
The BIS Working Paper "Monetary and prudential policies at a crossroads? New challenges in the new century" argues that financial liberalisation has resulted in subtle but profound changes in the dynamics of the economy and in the challenges faced by…
BIS's Knight on global banking: paradigm shift
In the speech 'Global Banking: paradigm shift - towards meeting the emerging challenges' given on Tuesday 26 September Malcolm Knight of the BIS said global banking will flourish in a strong and stable financial environment.
BIS's Knight on reserve diversification
In the speech 'International reserve diversification and disclosure' given on 8 September (published 25 Sep) Malcolm Knight of the BIS said powerful arguments can be made for the disclosure of the composition of official foreign exchange reserves.
BIS Quarterly Review, September 2006
The Bank for International Settlements published its September 2006 Quarterly Review on Monday 11 September. The report said Asian central banks which have intervened to limit currency strength may be forced to raise interest rates or let their…
BIS paper on risk and liquidity in system context
This BIS Working Paper explores the pricing of debt in a financial system where the assets that borrowers hold to meet their obligations include claims against other borrowers.
Fair value accounting for financial instruments
The BIS Working Paper "Fair value accounting for financial instruments: some implications for bank regulation" identifies issues that bank regulators need to consider if fair value accounting is used for determining bank regulatory capital and when…
BIS' Knight to join Nobel Laureate Meetings
The General Manager of the Bank for International Settlement in Basel, Dr. Malcolm Knight, is to become a new member of the Honorary Senate of the Foundation of Nobel Laureate Meetings in Lindau, Germany, the Council for the Lindau Nobel Laureate…
The banking system in emerging economies
Drawing on contributions by senior central bank officials from emerging market economies and staff of the Bank for International Settlements, the BIS Papers "The banking system in emerging economies: how much progress has been made?" published 7 August…
Provisional international banking statistics 1Q 06
The BIS on Tuesday 25 July released provisional data for the end of the first quarter of 2006 for both its locational and consolidated banking statistics together with a short commentary.
Comment: Small steps or big bang?
A recent collection of papers published by the Bank for International Settlement (BIS) adopts a cautious line in advocating inflation targeting for poor African countries, which may lack the "preconditions" for the regime.
BIS Triennial Central Bank Survey 2007
The BIS announced on Monday 17 July that it will carry out its seventh triennial survey in April and June 2007, with the participation of 54 central banks and monetary authorities.
Knight on financial stability and globalisation
In remarks on Frederick Mishkin's paper 'Financial stability and globalisation: getting it right' given on 8 June Malcolm Knight of the BIS said highlights a number of dilemmas that countries face when seeking to embrace globalisation.
BIS' White on financial globalisation
In the speech 'Financial globalisation' given on 19 June William R White of the BIS said the globalisation of financial markets provides both enormous opportunities and enormous challenges.
Iran's central bank and BIS to boost cooperation
According to IRNA news agency, Iran's central bank governor Ebrahim Sheibani held talks with the general Manager of the BIS, Malcolm Knight, in Basel aimed at stepping up banking cooperation.
BIS Board of Directors elects three new members
The Board of Directors of the BIS announced Monday 26 June the election of three additional central bank Governors as members of the Board of Directors of the BIS.
Central banks and the challenge of development
The BIS has published papers presented at a special meeting of central bank governors held in Basel, 14-15 March 2006. For the first time in more than 30 years, there has been a marked revival of growth in much of Africa, and inflation has been brought…
Comment: Eastern European tightrope
Amidst renewed inflation fears in the developed world and the prospects of further interest rate hikes there, a number of central banks in Eastern Europe and the Baltics will be silently grateful for a little bit of latitude. But with question marks…