Bank for International Settlements (BIS)
More than $1.4tn of daily FX trades face Herstatt risk – BIS study
Only around a third of transactions fully eliminate settlement risk by using PvP
Central banks laying ground for multi-currency settlement
Africa leads as region with most RTGS systems able to settle multiple currencies
Governor says BoK must tighten policy ‘before it is too late’
Shin rows back on previous calls to look through inflation and says data points in one direction only
Credit Suisse’s AT1 loss hurt regulatory credibility – paper
Declining bail-in spreads show markets doubt regulators will enforce resolution, BIS study argues
AML/CFT seen as biggest barrier to improving cross-border payments
All African central banks say AML/CFT compliance is a major challenge
People: April to June 2026
A round-up of central bankers in the news and on the move during the past three months
Banknotes: April to June 2026
A round-up of news and salient issues that have affected central bankers in the past three months
Central banks complete cross-border open finance prototype
BIS-led initiative connects systems of Brazil, Hong Kong, India, UK and UAE
Economists find ‘strong and stable’ Phillips curve in China
Past studies had struggled to pin down a clear link between inflation and output in the economy
Liquidity rules partly pay for themselves – BIS paper
Banks benefited from lower funding costs after implementing the liquidity coverage ratio, authors find
Canada joins central banks’ multi-currency blockchain project
Work advances on Project Agorá but ledger governance questions unanswered
Former RBA officials say budget offers no inflation relief
Economists say Australian spending plans will create modest fiscal expansion with some upside risk
BIS announces board changes
Panetta elected chair, plus new roles for heads of RBA, BCB, BoJ and BoK
Carry trades explain FX response to rate hikes – BIS bulletin
Value of funding currencies surges after surprise tightening as investors unwind positions, study shows
The Fed’s six-trillion-dollar balance sheet question
Kevin Warsh’s drive to shrink the US central bank’s ledger is unlikely to be a simple task
BIS paper sounds alarm on gaps in crypto intermediary regulation
International co-operation a challenge as expanded activities risk contagion, authors say
Hedge ratios help explain swings in dollar – BIS study
Data on eurozone funds helps explain currency’s reaction to tariff announcements, authors say
Shin promotes novel approaches in inaugural address at BoK
Ex-BIS chief economist formally appointed head of South Korean central bank
Financial integrity ‘the major concern’ with stablecoins – de Cos
Bespoke AML measures will be needed in case of wide adoption, says BIS chief
MAS supports PFMI monitoring for systemic stablecoins
Assistant managing director says potential for ‘crisis of confidence’ is embedded within instruments
BoK holds as energy prices drive up inflation
Governor expects ‘considerable’ wait before supply chains return to pre-war levels