business and finance

Interview with Brazil's EXAME

Original quotes from interview by Mr Agustin Carstens, General Manager of the BIS, with Exame, conducted by Mr Felipe Serrano on 9 October 2019 and published on 24 October 2019.




business and finance

Vulnerabilities in the international monetary and financial system

Speech by Mr Claudio Borio, Head of the Monetary and Economic Department of the BIS, at the OECD-G20 High Level Policy Seminar, Paris, 11 September 2019.




business and finance

Wise fiscal policy is not about helicopter money

Op-ed by Mr Claudio Borio, Head of the Monetary and Economic Department of the BIS, published in Il Sole 24 Ore, 8 November 2019.




business and finance

Central banking in challenging times

Speech by Mr Claudio Borio, Head of the Monetary and Economic Department of the BIS, at the SUERF Annual Lecture Conference on "Populism, Economic Policies and Central Banking", SUERF/BAFFI CAREFIN Centre Conference, Milan, 8 November 2019.




business and finance

The changing colour of money - new directions for payment systems, currencies

Op-ed by Mr Agustín Carstens, General Manager of the BIS, published in The Business Times Singapore, 13 November 2019.




business and finance

Data, technology and policy coordination

Keynote speech by Mr Agustín Carstens, General Manager of the BIS, at the 55th SEACEN Governors' Conference and High-level Seminar on "Data and technology: embracing innovation", Singapore, 14 November 2019.




business and finance

A tale of two financial cycles: domestic and global

Lecture by Claudio Borio, Head of the Monetary and Economic Department, at the University of Zürich, Zürich, 19 November 2019.




business and finance

Welfare implications of digital financial innovation

Based on remarks by Mr Luiz Awazu Pereira da Silva, Deputy General Manager of the BIS, with Jon Frost and Leonardo Gambacorta at the Santander International Banking Conference on "Banking on trust: Building confidence in the future", Madrid, 5 November 2019.




business and finance

The expectations on central banks are simply too great

Original quotes from interview with Mr Claudio Borio, Head of the Monetary and Economic Department of the BIS, in Germany's Boerzen-Zeitung, conducted by Mr Mark Schroers and published on 21 November 2019.




business and finance

Lessons from 25 years of the Bank of Mexico's independence

Speech by Dr Agustín Carstens at the celebration of 25 years of Bank of Mexico independence, Mexico City, 22 November 2019.




business and finance

The future of money and the payment system: what role for central banks?

Lecture by Mr Agustín Carstens, General Manager of the BIS, at the Princeton University, Princeton, New Jersey, 5 December 2019.




business and finance

BIS Quarterly Review, December 2019 - media briefing

On-the-record remarks of the December 2019 Quarterly Review media briefing by Mr Claudio Borio, Head of the Monetary and Economic Department, and Mr Hyun Song Shin, Economic Adviser and Head of Research, 6 December 2019.




business and finance

Exiting low inflation traps by "consensus": nominal wages and price stability

Exiting low inflation traps by "consensus": nominal wages and price stability - Speech by Luiz A Pereira da Silva and Benoît Mojon, based on the keynote speech at the Eighth High-level Policy Dialogue between the Eurosystem and Latin American Central Banks, Cartagena de Indias, Colombia, 28-29 November 2019.




business and finance

BIS Quarterly Review, March 2020 - media remarks

On-the-record remarks of the March 2020 Quarterly Review media briefing by Mr Claudio Borio, Head of the Monetary and Economic Department, and Mr Hyun Song Shin, Economic Adviser and Head of Research, 28 February 2020.




business and finance

Interview: Luiz Awazu Pereira da Silva

Interview with Luiz A Pereira da Silva, Deputy General Manager of the BIS, in Central Banking, conducted by Ms Rachael King and published on 16 February 2020.




business and finance

Bold steps to pump coronavirus rescue funds down the last mile

Op-ed by Agustín Carstens published in the Financial Times on 29 March 2020.




business and finance

Stefan Ingves: The Riksbank's measures to mitigate the effects of the corona crisis on the economy

Speech by Mr Stefan Ingves, Governor of the Sveriges Riksbank, at the Sveriges Riksbank, Stockholm, 3 April 2020.




business and finance

Basel Committee publishes consultation paper on revisions to the credit valuation adjustment risk framework

Press release about the Basel Committee publishing consultation paper on revisions to the credit valuation adjustment risk framework, 28 November 2019.




business and finance

Easing trade tensions lift sentiment: BIS Quarterly Review

BIS Press Release - Easing trade tensions lift sentiment: BIS Quarterly Review, 8 December 2019




business and finance

CPMI and IOSCO share authorities´ experiences in cooperation to increase FMI safety and efficiency

Press release: CPMI and IOSCO share authorities´ experiences in cooperation to increase FMI safety and efficiency, 10 December 2019




business and finance

CPMI report sets out considerations for developers of wholesale digital tokens

Press release: CPMI report sets out considerations for developers of wholesale digital tokens, 12 December 2019




business and finance

Basel Committee invites comments on the design of a prudential treatment for crypto-assets

Press release: Basel Committee invites comments on the design of a prudential treatment for crypto-assets, 12 December 2019.




business and finance

Launch of the consolidated Basel Framework

Press release about the Basel Committee launching the consolidated Basel Framework, 16 December 2019.




business and finance

BIS expands membership and collaboration

The BIS Board of Directors has decided to invite the central banks of Kuwait, Morocco and Vietnam to become members of the BIS. This is the first such expansion since 2011 and will take the number of members to 63.




business and finance

Central bank group to assess potential cases for central bank digital currencies

The Bank of Canada, the Bank of England, the Bank of Japan, the European Central Bank, the Sveriges Riksbank and the Swiss National Bank, together with the Bank for International Settlements (BIS), have created a group to share experiences as they assess the potential case for central bank digital currency (CBDC) in their home jurisdictions. (Press release, 21 January 2020)




business and finance

Markets Committee calls for wider adoption of global code of conduct for foreign exchange markets

Markets Committee calls for wider adoption of global code of conduct for foreign exchange markets (Press release, 30 January 2020)




business and finance

No global real estate market despite higher price synchronisation and growing role of international investors, central banks find

No global real estate market despite higher price synchronisation and growing role of international investors, central banks find (Press release, 18 February 2020)




business and finance

BIS appoints Innovation Hub heads in Singapore and Switzerland

The Bank for International Settlements (BIS) today announced two key appointments to the BIS Innovation Hub, a new initiative designed to support central bank collaboration on new financial technology. (Press release, 19 February 2020)




business and finance

Basel Committee meets to review vulnerabilities and emerging risks, advance supervisory initiatives and promote Basel III implementation

Basel Committee Press release "Basel Committee meets to review vulnerabilities and emerging risks, advance supervisory initiatives and promote Basel III implementationl", 27 February 2020.




business and finance

Shaping the future of payments: BIS Quarterly Review

BIS Press Release - Shaping the future of payments: BIS Quarterly Review, 1 March 2020




business and finance

Statement: BIS staff member confirmed with Covid-19 in Basel

BIS statement, 16 March 2020.




business and finance

Basel Committee assesses members' implementation of the Net Stable Funding Ratio and large exposures framework

Press release about Basel Committee assesses members' implementation of the Net Stable Funding Ratio and large exposures framework, 19 March 2020




business and finance

Basel Committee coordinates policy and supervisory response to Covid-19

Press release "Basel Committee coordinates policy and supervisory response to Covid-19", 20 March 2020




business and finance

Governors and Heads of Supervision announce deferral of Basel III implementation to increase operational capacity of banks and supervisors to respond to Covid-19

Press release "Governors and Heads of Supervision announce deferral of Basel III implementation to increase operational capacity of banks and supervisors to respond to Covid-19", 27 March 2020




business and finance

Basel Committee sets out additional measures to alleviate the impact of Covid-19

BCBS Press release "Basel Committee sets out additional measures to alleviate the impact of Covid-19", 3 April 2020




business and finance

Basel Committee and IOSCO announce deferral of final implementation phases of the margin requirements for non-centrally cleared derivatives

BCBS Press release "Basel Committee and IOSCO announce deferral of final implementation phases of the margin requirements for non-centrally cleared derivatives", 3 April 2020




business and finance

Basel III monitoring results based on end-June 2019 data published by the Basel Committee

BCBS Press release "Basel III monitoring results based on end-June 2019 data published by the Basel Committee", 8 April 2020




business and finance

Jurisdictions move towards full implementation of standards for financial market infrastructures

CPMI Press release "Jurisdictions move towards full implementation of standards for financial market infrastructures", 8 April 2020.




business and finance

How fintech can promote financial inclusion - a new report on the opportunities and challenges

CPMI Press release "How fintech can promote financial inclusion - a new report on the opportunities and challenges", 14 April 2020




business and finance

Saudi G20 Presidency and the Bank for International Settlements (BIS) Innovation Hub invite global innovators to find solutions to the most pressing financial regulatory & supervisory challenges

Press release "Saudi G20 Presidency and the Bank for International Settlements (BIS) Innovation Hub invite global innovators to solve RegTech and SupTech challenges", 27 April 2020




business and finance

Basel Committee issues progress report on banks' implementation of the "Principles for effective risk data aggregation and reporting"

BCBS Press release "Basel Committee issues progress report on banks' implementation of the 'Principles for effective risk data aggregation and reporting'", 29 April 2020




business and finance

BIS global liquidity indicators at end-June 2019

US dollar credit to non-bank borrowers outside the United States grew by 4% year on year at end-June 2019, to reach $11.9 trillion. Foreign currency credit denominated in euros and Japanese yen continued to expand at a faster pace than that in US dollars, growing at annual rates of 9% and 8%, respectively. US dollar credit to emerging market and developing economies (EMDEs) grew at an annual rate of 2% (to reach $3.7 trillion), though growth varied substantially across regions.




business and finance

Shaping the future of payments*

Commentary on Red Book statistics: Shaping the future of payments, November 2019




business and finance

OTC derivatives statistics at end-June 2019

Notional amounts of OTC derivatives rose to $640 trillion at end-June 2019. This is up from $544 trillion at end-2018 and the highest level since 2014. It marks a continuation of the trend increase evident since end-2016. The gross market value of OTC derivatives, summing positive and negative values, also rose, from $9.7 trillion to $12.1 trillion, led by increases in euro interest rate derivative contracts. The lastest semiannual data benefit from the addition of more comprehensive information for smaller dealers collected as part of the BIS Triennial Survey. Dealers in emerging market economies (EMEs) accounted for 9% of the outstanding notional amounts of foreign exchange and commodity derivatives globally at end-June 2019, up from 7% at end-June 2016.




business and finance

BIS Statistical Bulletin, December 2019

The BIS Statistical Bulletin is published quarterly and summarises all BIS statistics in tabular form. It includes introductions to each data set and a glossary of statistical terms.




business and finance

BIS international banking statistics at end-September 2019

Global cross-border bank claims continued to expand rapidly, growing at 9% year on year. As in previous quarters, the expansion was mainly due to claims on the non-bank sector, which grew at 12% year on year. The growth in claims on non-bank financial institutions was particularly strong (+17%). European banks' cross-border lending, which went through a prolonged contraction after the Great Financial Crisis (GFC) of 2007-09, has been expanding again since the start of 2018.




business and finance

BIS global liquidity indicators at end-September 2019

US dollar credit to non-bank borrowers outside the United States grew by 5% year on year at end-September 2019, to reach $12.1 trillion. Euro-denominated credit outside the euro area continued to expand at a fast pace (9%). In contrast, the growth rate of yen-denominated credit outside Japan fell to 1%. Strong debt securities issuance drove expansions in US dollar and euro credit to emerging market and developing economies (EMDEs). US dollar credit to EMDEs grew at an annual rate of 3% (to reach $3.8 trillion); euro credit to EMDEs expanded by 9% (to reach €0.7 trillion).




business and finance

Residential property prices: selected series (nominal and real)

Global real residential property prices rose 1.4% year/year in aggregate in Q3 2019, reflecting subdued developments both in advanced (+ 1.5%) and emerging market economies (+ 1.3%).




business and finance

Debt securities statistics

The debt securities statistics provide quarterly data on borrowing in money and bond markets, distinguishing between international and domestic markets.




business and finance

Exchange-traded derivatives statistics

The exchange-traded derivatives statistics provide monthly data on the turnover, and quarterly data on the open interest, of foreign exchange and interest rate futures and options. They refer to notional amounts, which enables comparisons of levels and trends in activity across different markets.