Settlement risk

BIS review reports record highs in emerging markets

The Bank for International Settlements (BIS) has today released its quarterly review, International Banking and Financial Market Developments. The report found that emerging markets have reached record highs earlier this year, a direct result of the…

Caruana to end stint as Basel Committee chairman

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. A Bank for International Settlements (BIS official says the Committee plans to discuss…

Rivals gear up for forex clearing

The stage is set for a central counterparty clearing (CCP) system for foreign exchange as two potential providers moved their plans forward last week, reports RiskNews' sister publication, FX Week .

CLS for FX is 'changing the front-office'

The continuous-linked settlement (CLS) service for foreign exchange trades has changed credit and trading practices among the majority of its users, reveals research from IT consultancy TowerGroup published this week.

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