Bank for International Settlements

Quarterly Review June 2013

What's new

At a glance

19 Jun	4th BIS Consultative Council for the Americas conference on " Financial stability, macroprudential policy and exchange rates " (papers and presentations)
14 Jun	The interest rate effects of government debt maturity (Working Paper)
12 Jun	Foreign exchange intervention and expectation in emerging economies (Working Paper)
06 Jun	Consistent regulatory implementation to keep markets integrated (remarks by Jaime Caruana)

05 Jun	Agustín Carstens to chair the BIS Economic Consultative Committee and the BIS Global Economy Meeting; Mario Draghi to chair the Group of Governors and Heads of Supervision
03 Jun	Global liquidity: where do we stand? (speech by Jaime Caruana)
03 Jun	BIS Quarterly Review June 2013 - International banking and financial market developments
31 May	International Journal of Central Banking (IJCB) , June issue

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Research

14 Jun

The interest rate effects of government debt maturity (Working Paper)

Federal Reserve purchases of bonds in recent years have meant that a smaller proportion of long-dated government debt has had to be held by other investors (private sector and foreign official institutions). But the US Treasury has been lengthening the maturity of its issuance at the same time. This paper reports estimates of ...

12 Jun

Foreign exchange intervention and expectation in emerging economies (Working Paper)

Using monthly data for four selected emerging economies, sterilised central bank foreign exchange intervention is found to have little systematic influence on the near-term nominal exchange rate expectations in the direction intended by the central banks. In other words, central bank ...

03 Jun

BIS Quarterly Review June 2013 – International banking and financial market developments . In this issue:

1) A template for recapitalising too-big-to-fail banks

2) Total credit as an early warning indicator for systemic banking crises

3) Looking at the tail: price-based measures of systemic importance

27 May

Asset encumbrance, financial reform and the demand for collateral assets (CGFS report)

The demand for high-quality assets that can be used as collateral will increase due to a number of key regulatory reforms. This comes on top of greater demand for collateral assets through increased reliance by banks on collateralised funding, particularly ...

22 May

The 2011 FDIC assessment on banks managed liabilities: interest rate and balance-sheet responses (Working Paper)

The global financial crisis led to discussion of corrective bank taxes to promote financial stability. This paper interprets the widening of the FDIC assessment base from deposits to assets less equity for US-chartered banks in April 2011 as such a ...

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Speeches

Central bankers' speeches
19 Jun	Yves Mersch: The European Central Bank's role in overcoming the crisis Prasarn Trairatvorakul: Financing tomorrow - the Greater Mekong Subregion Barry Whiteside: Brief comments on Fiji's economy
18 Jun	Mario Draghi: Opening remarks at the session "Rethinking the limitations of monetary policy" Manuel Sánchez: Mexico in a weak global environment
14 Jun	Mario Draghi: Responsible leadership in times of crisis Yves Mersch: Monetary policy in an environment of low growth and interest rates Andreas Dombret: The role of central banks Erkki Liikanen: Banking after the regulatory reforms - business as usual? Sayuri Shirai: Japan's economic activity, prices, and monetary policy - monetary policy in the past and present Stefan Ingves: The role of the central bank after the financial crisis - the challenges ahead Jörg Asmussen: Reintegrating financial markets

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BIS Management speeches
06 Jun	by Jaime Caruana: Consistent regulatory implementation to keep markets integrated International regulators swiftly drew lessons from the crisis and produced an improved regulatory framework. We have now a much better set of standards that address important weaknesses and gaps...
04 Jun	by Jaime Caruana: Global liquidity: where do we stand? Global financial conditions show strong cross-currents and merit policymakers' attention. In countries at the centre of the global financial crisis, deleveraging has lagged...
16 May	by Jaime Caruana: Hitting the limits of "outside the box" thinking? Monetary policy in the crisis and beyond Central banks have had to "think outside the box" to address unprecedented financial instability and to provide monetary stimulus in trying times. Monetary accommodation has been critical to stabilise the financial system and the economy...
08 Apr	by Jaime Caruana: Insurance and financial stability: a Basel view BIS General Manager Jaime Caruana speaks about the importance of the work that the International Association of Insurance Supervisors and the supervisory community are undertaking...

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Statistics

17 Jun	BIS effective exchange rate indices
03 Jun	Quarterly Review: summary tables and detailed tables
31 May	Release of property price data
08 Apr	OTC derivatives market activity in the second half of 2012

24 Apr	Preliminary international banking statistics at end-December 2012
12 Apr	Long series on credit to private non-financial sectors
04 Jan	Statistics on payment, clearing and settlement systems in the CPSS countries - Figures for 2011
28 Nov	BIS, ECB and IMF publish third part of Handbook on Securities Statistics

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Basel Committee

12 Apr	Report to G20 Finance Ministers and Central Bank Governors on monitoring implementation of Basel III regulatory reform
11 Apr	Monitoring tools for intraday liquidity management - final document
04 Apr	Progress report on implementation of the Basel regulatory framework
26 Mar	Supervisory framework for measuring and controlling large exposures - consultative document

22 Mar	Recognising the cost of credit protection purchased - consultative document
21 Mar	External audits of banks - consultative document
20 Mar	Basel Committee concludes assessment of Basel III capital regulations in Singapore
19 Mar	Results of the Basel III monitoring exercise as of 30 June 2012
12 Mar	Where to next? Priorities and themes for the Basel Committee (speech by Stefan Ingves)

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Annual Report, 23 June
Upcoming statistics releases
Conferences

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