Bank for International Settlements (BIS)
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
BIS position on OTC clearing eligibility at odds with EC
BIS top economist suggests all OTC derivatives could be standardised and sent to CCPs, but EC favours a more measured approach to determining clearing eligibility.
Corporates should be forced onto central counterparties – BIS
Central counterparties are wrongly perceived as being more expensive than OTC transactions, says a leading economist.
Watch funding gaps, BIS warns Europe
European banks still have significant dollar funding gaps, leaving them vulnerable to foreign exchange shifts
Sponsored statement: Strategies for success
A practical and holistic approach to stress testing in financial services
Banks starting to think local after crisis, BIS finds
Banks around the world are slowly shifting to rely on local retail funding, says the Bank for International Settlements
Bank for International Settlements announces modest increase in OTC derivatives
Bank for International Settlements releases H2 2009 over-the-counter derivatives data that shows a small increase in total notional amounts outstanding
Dampening pro-cyclicality in margin
The Committee on the Global Financial System has released a proposal recommending changes to dampen pro-cyclicality in margin practices and haircuts for securities financing and over-the-counter derivatives. How could this affect collateral management…
Isda AGM: collateral drops 20% with market rebound
As the markets recover from the crisis, counterparties are using much lower levels of collateral, an Isda survey has found.