Bank for International Settlements (BIS)
Regulators call on banks to focus on cross-border e-banking risks
Banks need to integrate cross-border electronic banking risks into their overall risk management framework, the Basel Committee said in a paper released today.
OpenLink introduces Swift messaging capability
OpenLink, a New York-based trading and risk management software company, has released its Open Settlement Solution - an integrated Society for Worldwide Interbank Financial Telecommunication (Swift) messaging capability for its Findur system. Evaluating…
Basel II could reinforce economic cycles more than expected, says BIS study
BASEL – The Basel II bank capital accord could reinforce economic cycles to a greater extent than expected, according to a working paper issued today by the Bank for International Settlements (BIS), the so-called central bankers’ central bank.
Korean equity index volumes rocket, says BIS review
Korean and Japanese equity index contract volumes were the highlight of derivatives trading in the first quarter of this year, according to the Bank for International Settlements (BIS), whose quarterly review of banking and financial markets developments…
OTC derivatives volumes up 11%, says BIS
Outstanding notional volumes for the over-the-counter derivatives market stood at $111 trillion at end-December 2001 – an 11% increase from the end of June 2001, according to the latest statistics released by the Bank for International Settlements (BIS).
Korea drives Asian option growth
Turnover in equity index contracts rose by 40% at Asian exchanges in the fourth quarter of last year, according to the latest quarterly report from the Bank for International Settlements (BIS). The Switzerland-based banking body pointed to the rapid…
BIS reports global slowdown in derivatives markets
Derivatives market expansion slowed significantly for the period 1998-2001 relative to the three years before, reported the Bank for International Settlements (BIS) today.
Exchange-traded derivatives soaring, says BIS
The aggregate turnover of exchange-traded derivatives contracts reached a new record in the fourth quarter of 2001, said the Bank for International Settlements (BIS) in its latest quarterly review.
Regulator hits back at Basel II critics
Much of the complexity for which the Basel II bank capital accord is criticised is the inevitable result of three highly desirable features of the pact - namely, risk sensitivity, wide applicability and the shifting of the task of risk measurement to…
Dealing with the flak
With the final Basel Accord proposals due to be published later this year, the Bank of International Settlements’ new Asian head, Shinichi Yoshikuni, does not have much time to settle into his new role, writes Nick Sawyer.
Credit derivatives see six-fold increase in three years
The over-the-counter (OTC) credit derivatives market stood at $694 billion in June, a six-fold increase in the last three years, according to the latest global triennial survey released by the Bank for International Settlements (BIS) today.
Basel II seen as meeting key challenge
The Basel II banking accord is the latest and highly welcome example of how regulators and policy-makers are meeting one of the two key challenges facing them today, Bank for International Settlements (BIS) president Urban Bäckström said in June.