Bank for International Settlements (BIS)
Low volatility may not last, says BIS report
Low levels of asset price volatility owe much to structural changes in the market, but a slower economy could still push volatility up again, according to a Bank for International Settlements (BIS) report.
European, Chinese and Mexican central banks join BIS board
Bank for International Settlements (BIS) has expanded its director base to include elected representatives from the European Central Bank (ECB), People's Bank of China and Bank of Mexico. The move takes the number of board members to 20 and marks the…
BIS urges firms to strengthen risk management practices
The Bank for International Settlements (BIS) has released its quarterly review, in which it details the organisation’s activity over the past three months. In it, the BIS notes potential strains to the financial system and highlights where further work…
Growth in derivatives trading speeds up, says BIS
Trading on international derivatives exchanges has continued to pick up pace, according to the latest Bank for International Settlements (BIS) Quarterly Review, which was released today. The combined turnover in interest rate, equity and currency…
Basel Committee issues principles on home-host information sharing The Basel Committee on Banking Supervision (BCBS) has issued a paper on general principles for information-sharing between home and host supervisors for Basel II.
The two relevant principles are that a bank will be held accountable by its home supervisor (principle two) yet subsidiary banks may have to meet specific needs of its host country.
Growth of OTC contracts slows to 5%, say BIS
Rising commodity prices and a worldwide rally in equity prices during the second half of last year have dramatically increased the demand for over-the-counter derivatives protection in the sectors, according to the latest statistics released by the Bank…
Wellink named as new chairman of Basel committee
Netherlands Bank president Nout Wellink will succeed Jaime Caruana as chairman of the Basel Committee on Banking Supervision.
Home-host heads for Asia
SINGAPORE – Although the home-host debate has not yet raged in Asia as it has elsewhere, this will change over the next 18 months as regulators in the region begin to publish their policy papers, said Jacob Gyntelberg, a senior economist at the Bank for…
BIS publishes supervisory expectations of vendor products in IRB processes
The Bank for International Settlements has published its eighth newsletter on the views of the Basel Committee Accord Implementation Group's Validation (AIGV) Subgroup relating to the use of vendor products within internal ratings-based (IRB) approaches…
Deputy general manager of BIS says Basel II is key to financial globalisation and market discipline
Hervé Hannoun, deputy general manager of the BIS, has reviewed some of the main factors driving the internationalisation of financial services. Looking at the key challenges facing central banks in acting as a discipline multiplier, “Internationalisation…
BIS paper finds international relations critical to financial stability
The Bank for International Settlements has released its perspective on the past 130 years of banking co-operation, collated from presentations at its fourth annual research conference in June. “Past and Future of Central Bank Cooperation” included senior…
BIS reports record year for exchange-traded derivatives
Demand for exchange-traded futures and options contracts reached an all time high last year with annual turnover up 22% on 2004, according to the latest quarterly data released by the Bank for International Settlements (BIS).
QIS5 results delayed until June, says BIS
BASEL, SWITZERLAND – The results of quantitative impact study five will be delayed until June, according to officials from the Bank for International Settlements in Basel, Switzerland
BIS group to work on settlement delays
A Bank of International Settlements (BIS) working group will look at settlement problems in the over-the-counter derivatives market, in an effort to deal with delays in trade processing.
BIS group to work on settlement delays
A Bank of International Settlements (BIS) working group will look at settlement problems in the over-the-counter derivatives market, in an effort to deal with delays in trade processing.
BIS appoints new chairman
The Bank of International Settlements (BIS) has elected Jean-Pierre Roth as its new chairman for a period of three years commencing March 1.
Caruana to step down as Basel Committee chief
Jaime Caruana will step down as chairman of the Basel Committee on Banking Supervision in July, when his six-year tenure as head of the Spanish central bank expires.
Exchange-traded derivatives up 23% in Q3
The exchange-traded futures and options market has continued its rapid expansion, growing by 23% year-on-year in the third quarter to a turnover of $357 trillion, according to the latest figures released by the Bank for International Settlements (BIS).
Basel Committee issues home-host sharing guidelines for Basel II
The Basel Committee on Banking Supervision has issued a consultative document on enhancing home-host information sharing guidelines for banking supervisors to set up a framework for the effective cross-border implementation of the Basel II capital Accord.
Rates uncertaintly proves boon for derivatives
Changing expectations of central bank interest rate action in the US and Europe has led to heavy trading of short-term interest rate derivatives, the Bank for International Settlements said yesterday.
US economic data helps drive derivatives volumes – BIS
Stronger economic indicators in the US have pushed the derivatives markets into heightened activity this year, according to the quarterly review of the Bank for International Settlements (BIS), published yesterday.
CDS notional reached $6.3 trillion at end of 2004, BIS says
The Bank for International Settlements (BIS) included figures on credit default swaps (CDS) trading for the first time in its semi-annual over-the-counter (OTC) derivatives market report. According to the recently released report, the notional amounts…
Credit risk stress tests need more work, says BIS
Leading banks have yet to develop a solid framework for credit risk stress tests that deals with all the likely effects stress events would have on their businesses, according to the latest report by the Bank for International Settlements (BIS).
Structured finance ratings given BIS OK
The structured finance ratings business was given a clean bill of health today by the Bank for International Settlements (BIS), with a few caveats.