News/Financial Stability
Foreign exchange settlement risk
The Basel Committee on Banking Supervision just issued a revised version ofits guidance for supervisors on managing the settlement risk arising fromforeign exchange transactions.
Macedonia payment systems tender
Macedonia, like many other countries in Eastern Europe, is in the process of reforming its payment systems. It is tendering for IT systems.
New head of payment systems in Denmark
Karlsten Biltoft will become head of payment systems at the Danmarks Nationalbank as of 1 August 2000.
Bosnia payment system request
Central Bank searches for payment system supplier
Padoa-Schioppa to Head BIS payments committee
Tommaso Padoa-Schioppa, ECB's banking supervision supremo, has been appointed chairman of the Committee on Payment and Settlement Systems (CPSS) based at the Bank for International Settlements in Basel
Interbank rates fall as year-end passes
Pressure on the banking industry eased slightly on Wednesday with spreads between money market and central banks' benchmark interest rates narrowing as the end-of-year liquidity panic passed. The falls indicate that the central banks' efforts to…