Bank for International Settlements (BIS)
Industry in flux as electronic trading and risk control comes to the fore
Creative destruction
BoJ governor becomes vice-chair of BIS
BoJ governor becomes vice-chair of BIS
BIS reviews macroprudential literature
Literature review published by the Bank for International Settlements finds gaps in assessing the effectiveness of macroprudential tools, studying interaction with monetary policy
Shirakawa named as BIS vice-chairman
BoJ head takes senior role at BIS
BIS: listed derivatives activity dropped in third quarter
Turnover of exchange-traded derivatives fell from June to September, with commodities the only exception, survey figures show.
BIS survey shows OTC market levelling off
Notional volume and credit exposures are growing more slowly, latest market data shows.
Current models limited says Joint Forum report
A report by the Joint Forum – a group looking at issues common to the banking, insurance and securities exchange sectors - says risk aggregation models used by all three industries contain significant weaknesses
On the move
On the move
BIS must fix data gaps: Bank of England paper
Bank of England paper identifies specific information gaps in cross-border banking statistics published by Bank for International Settlements; improvements thought to be under way
BIS appoints new Asian Consultative Council chair
Japan's central bank governor will become new chair of BIS Asian Consultative Council
Derivatives growth slowed over crisis, BIS finds
Growth was flat in several interest rate and forex derivatives categories between 2007 and 2010
CVA and the equivalent bond
CVA and the equivalent bond
Basel Committee to rethink CVA capital charge
Regulators might adapt the bond-equivalent approach amid claims the methodology will lead to perverse incentives
Regulators tout new impact studies as proof of Basel III’s viability
Basel Committee and FSB studies play down the economic impact of Basel III - proof, regulators say, that the reforms are fit for purpose.
Asia Risk 15: Derivatives regulators ask the wrong questions and get the wrong answers
Regulators globally are grappling with legislating the derivatives sector, but the first hurdle to overcome is to understand how exactly the industry works. Satyajit Das argues it is important to first come up with the correct definitions before…
Asia Risk 15: Derivatives netting not fully in place in Asia
The standardisation and enforceability of documents represents a cornerstone of the over-the-counter derivatives market in Asia. But as the sector continues to grow, risk mitigation from close-out netting has yet to gain legal certainty in many …
BIS warns against bank support
Time to draw a line on “emergency room treatment”, says Bank for International Settlements.
Funding concerns for banks could prompt Basel III rethink
The deadline for the implementation of proposed regulation may be extended, as banks protest against the potential impact of stringent new capital and liquidity rules.
Basel Committee convenes for crunch mid-year meeting
QIS results, industry feedback, recalibration and transition top the agenda of quarterly committee meeting.
Pick and choose from social media tools: BIS’s Laurmaa
Bank for International Settlements’ head of web publishing Timo Laurmaa says Twitter more beneficial to profit-making companies; short releases help when reaching out to wider-than-usual audience
Finger-pointing masks officials’ failures, says Sarb’s Marcus
South African Reserve Bank governor Gill Marcus says knee-jerk reforms ignore failure of policymakers to raise standards before crisis; sober, measured approach to reform only credible way forward
Hawkish BIS warns on dangers of ultra-low rates
Bank for International Settlements says degree of slack likely to be smaller than suggested by output gap models
BIS steps up pressure to end financial sector support
Emergency measures brought in during the crisis are now doing more harm than good, annual report says
Swap lines better than foreign reserves during crises, research finds
Reciprocal currency swap agreements between central banks bolstered market stability in Korea during the crisis in 2007 and 2008