News archive - 2010

BIS Quarterly Review, December 2010: Derivatives in emerging markets

by Frank Packer and Dubravko Mihaljek

Working Papers:

To err is human: rating agencies and the interwar foreign government debt crisis

by Marc Flandreau, Norbert Gaillard and Frank Packer

BCBS Publications:

Pillar 3 disclosure requirements for remuneration - consultative document

The global crisis and financial intermediation in emerging market economies: an overview

Measurement of perceived and expected inflation on the basis of consumer survey data

IFC Working Papers No 5

by Tomasz Lyziak

BCBS Publications:

Capitalisation of bank exposures to central counterparties - initial consultative document

Assessing the macroeconomic impact of the transition to stronger capital and liquidity requirements - Final report

This Final Report builds on the Interim Report's findings by simulating the macroeconomic impact of the changes to capital standards that were agreed in September 2010 by the group of Governors and Heads of Supervision (GHOS), which oversees the Basel Committee. Among other reforms, the GHOS proposed a strengthened definition of capital; calibrated requirements for minimum capital ratios and for a new capital conservation buffer; and specified a transition path for the new standards.

BCBS Publications:

Basel III: A global regulatory framework for more resilient banks and banking systems

BCBS Publications:

Guidance for national authorities operating the countercyclical capital buffer

Press releases:

European sovereign bond markets - recent turbulence discussed in the latest BIS Quarterly Review

Press releases:

Guidance on backtesting released by the Basel Committee

Press releases:

Operational risk - consultative papers issued by the Basel Committee

BCBS Publications:

Sound Practices for the Management and Supervision of Operational Risk - consultative document

CPSS Publications:

Statistics on payment and settlement systems in the CPSS countries - Figures for 2009 - Preliminary release

Working Papers:

Banking crises and the international monetary system in the Great Depression and now

by Richhild Moessner and William A Allen

Press releases:

Results of the December 2010 meeting of the Basel Committee on Banking Supervision

Triennial Central Bank Survey of Foreign Exchange and Derivatives Market Activity in 2010 - Final results

BIS speeches:

by Jaime Caruana: Why Basel III matters for Latin American and Caribbean financial markets

Working Papers:

Central banks and competition authorities: institutional comparisons and new concerns

by John Vickers

Working Papers:

The governance of financial regulation: reform lessons from the recent crisis

by Ross Levine

Working Papers:

Central banks: between internationalisation and domestic political control

by Harold James

BCBS Publications:

Core Principles for Effective Deposit Insurance Systems - A proposed methodology for compliance assessment - consultative document

Working Papers:

Mapping capital and liquidity requirements to bank lending spreads

by Michael R King

Triennial and regular OTC Derivatives Market Statistics

The Triennial and regular OTC Derivatives Market Statistics at end-June 2010

CPSS Publications:

Market structure developments in the clearing industry: implications for financial stability

5th Biennial Conference on Risk Management and Supervision

5th Biennial Conference on Risk Management and Supervision, organised by the Financial Stability Institute, Basel, Switzerland, 3-4 November 2010.

Press releases:

Paper on risk-mitigating impact of insurance in operational risk issued by the Basel Committee

Statistics:

Provisional international banking statistics, second quarter 2010

Working Papers:

Stochastic Volatility, Long Run Risks, and Aggregate Stock Market Fluctuations

by Stefan Avdjiev and Nathan S Balke

BCBS Publications:

Developments in Modelling Risk Aggregation

Press releases:

Report to the G20 on response to the financial crisis released by the Basel Committee

Press releases:

Consultation report on methodologies for aligning remuneration with risk and performance issued today by the Basel Committee

Press releases:

Final paper on supervisory colleges issued by the Basel Committee

BIS speeches:

by Jaime Caruana: Remarks on "Enhancing financial stability and resilience: macroprudential policy, tools and systems for the future"

Press releases:

Principles for enhancing corporate governance issued by the Basel Committee

BIS speeches:

by Stephen G Cecchetti: Financial reform: a progress report

BIS speeches:

by Jaime Caruana: The challenge of taking macroprudential decisions: who will press which button(s)?

BIS speeches:

by Jaime Caruana: Basel III: towards a safer financial system

Working Papers:

Macroeconomic and interest rate volatility under alternative monetary operating procedures

by Petra Gerlach-Kristen and Barbara Rudolf

CPSS Publications:

Strengthening repo clearing and settlement arrangements

Press releases:

Masaaki Shirakawa appointed Chair of the BIS Asian Consultative Council

Handbook on Securities Statistics

The Handbook on Securities Statistics is produced in stages. The first part focuses on debt securities issues. The second part focuses on debt securities holdings. The third part focuses on equity securities issues and holdings.

Financial system and macroeconomic resilience: revisited

BIS Papers No. 53

by Stephen G Cecchetti, Joseph E Stiglitz, William C Dudley, Masaaki Shirakawa and Nout Wellink

BIS Quarterly Review:

BIS Quarterly Review, September 2010

Press releases:

Triennial Central Bank Survey of Foreign Exchange and OTC Derivatives Market Activity in April 2010 - Preliminary global results - Turnover

Press releases:

Microfinance activities and the Core Principles - Basel Committee issues final paper

2010 FSI Survey on the Implementation of the New Capital Adequacy Framework

Summary of responses to the Basel II implementation survey, FSI Occasional Paper No 9 - September 2010

BCBS Publications:

Proposal to ensure the loss absorbency of regulatory capital at the point of non-viability - consultative document

Assessing the macroeconomic impact of the transition to stronger capital and liquidity requirements - Interim Report

The Basel Committee on Banking Supervision and the Financial Stability Board set up the Macroeconomic Assessment Group (MAG) to assess the macroeconomic effects of the transition to strengthened capital and liquidity regulations. The MAG comprises economic modelling experts from central banks and other authorities. In its Interim Report, the MAG concludes that, for each percentage point increase in the target capital ratio implemented over a four-year horizon, the level of GDP relative to the baseline path declines by a maximum of about 0.19%. The maximum GDP loss occurs ...

Working Papers:

Ageing and asset prices

by Előd Takáts

Implementing a macroprudential framework: balancing boldness and realism

by Claudio Borio

Press releases:

Long-term issues in international banking: new report by the Committee on the Global Financial System

Working Papers:

Countercyclical capital buffers: exploring options

by Mathias Drehmann, Claudio Borio, Leonardo Gambacorta, Gabriel Jimenez and Carlos Trucharte

Statistics:

Provisional international banking statistics, first quarter 2010

BCBS Publications:

Countercyclical capital buffer proposal - consultative document

Working Papers:

The determinants of cross-border bank flows to emerging markets: new empirical evidence on the spread of financial crises

by Sabine Herrmann and Dubravko Mihaljek

HKIMR-BIS conference - Financial Stability: Towards a Macroprudential Approach

Joint conference of the Hong Kong Institute for Monetary Research and the Bank for International Settlements, Hong Kong SAR, 5-6 July 2010.

Financial Contagion and Vulnerability of Asian Financial Markets

for Asian Development Bank conference on Regional and Global Financial Integration

by James Yetman and Michael B Devereux

BIS speeches:

by Jaime Caruana: General Manager's statement

Press releases:

BIS Annual Report: "Fiscal consolidation and financial sector reform are what's needed now, says BIS"

BIS speeches:

by Jaime Caruana: General Manager's speech: Three policy challenges for the world economy

BIS Quarterly Review, June 2010: Policy responses to dislocations in the FX swap market: the experience of Korea

by Ilhyock Shim and Naohiko Baba

BIS Annual Reports 1931 to 1996

BIS speeches:

by Jaime Caruana: Macroprudential policy: what we have learned and where we are going

BIS speeches:

by Stephen G Cecchetti: Making OTC derivatives less OTC

Press releases:

Latest BIS Quarterly Review discusses financial turbulence

Working Papers:

China's high saving rate: myth and reality

by Guonan Ma and Wang Yi

BIS Annual Reports 1931 to 1998

Working Papers:

Central bank co-operation and international liquidity in the financial crisis of 2008-9

by William A Allen and Richhild Moessner

Press releases:

Bank funding and liquidity management: new report from the Committee on the Global Financial System

BIS speeches:

by Jaime Caruana: The great financial crisis: lessons for the design of central banks

CGFS Publications:

Macroprudential instruments and frameworks: a stocktaking of issues and experiences

Working Papers:

Attributing systemic risk to individual institutions

by Nikola Tarashev, Claudio Borio and Kostas Tsatsaronis

CPSS Publications:

Considerations for trade repositories in OTC derivatives markets - consultative report

CPSS Publications:

Guidance on the application of the 2004 CPSS-IOSCO Recommendations for Central Counterparties to OTC derivatives CCPs - consultative report

Press releases:

OTC derivatives market activity in the second half of 2009

BIS speeches:

by Jaime Caruana: Macroprudential policy: working towards a new consensus

BIS speeches:

by Hervé Hannoun: Information gaps: what has the crisis taught us?

Working Papers:

Oil shocks and optimal monetary policy

by Carlos Montoro

BIS Consultative Council for the Americas conference on "Systemic risk, bank behaviour and regulation over the business cycle"

BIS Consultative Council for the Americas conference on "Systemic risk, bank behaviour and regulation over the business cycle", hosted by the Central Bank of Argentina, Buenos Aires, Argentina, 18-19 March 2010.

Press releases:

Good Practice Principles on Supervisory Colleges - consultative paper issued by Basel Committee

Firm level analysis of international trade in services

IFC Working Papers No 4

by Patricia Walter and Rene Dell`mour

Working Papers:

Fear of fire sales and the credit freeze

by Douglas W Diamond and Raghuram G Rajan

Working Papers:

Illiquidity and all its friends

by Jean Tirole

Working Papers:

The failure mechanics of dealer banks

by Darrell Duffie

BoJ-BIS 3rd Annual Workshop of the Asian Research Networks: FS and MPER

Third annual workshop of the Asian Research Networks on "The international financial crisis: Impact and policy lessons in Asia and the Pacific", organised by the Bank of Japan, Center for Monetary Cooperation in Asia and the Bank for International Settlements, Tokyo, Japan, 25 March 2010.

Press releases:

CGFS publishes report on lessons distilled from funding market disruptions

Press releases:

CGFS publishes report on role of margin requirements and haircuts in procyclicality

Press releases:

Recommendations for strengthening cross-border bank resolution frameworks - final paper issued by Basel Committee

Working Papers:

Does monetary policy affect bank risk-taking?

by Yener Altunbas, Leonardo Gambacorta and David Marques-Ibanez

BCBS Publications:

Principles for enhancing corporate governance - consultative document

BIS speeches:

by Hervé Hannoun: Towards a global financial stability framework

BIS Quarterly Review:

BIS Quarterly Review, March 2010

Working Papers:

The bank lending channel revisited

by Piti Disyatat

Overview of Basel II impact studies

BCBS Working Papers:

Vendor models for credit risk measurement and management

Press releases:

Microfinance activities and the Core Principles - Basel Committee issues consultative paper

Press releases:

Standards for payment, clearing and settlement systems: review by CPSS-IOSCO

BCBS Publications:

Compensation Principles and Standards Assessment Methodology

Press releases:

Basel Committee publishes assessment methodology for compensation practices

Participants of Monetary policy and the measurement of inflation: prices, wages and expectations, December 2009

Press releases:

Group of Central Bank Governors and Heads of Supervision reinforces Basel Committee reform package

Press releases:

Review of the Differentiated Nature and Scope of Financial Regulation released by the Joint Forum

IFC Bulletin:

Proceedings of the SARB/IFC seminar on "Economic and financial convergence en route to regional economic integration: experience, prospects and statistical issues amidst global financial turmoil", Durban, South Africa, 14 August 2009