News archive - 2003

29 December 2003 BIS Speeches:
Malcolm D Knight: Three observations on market discipline
18 December 2003 New CPSS publication: Statistics on payment and settlement systems in selected countries - Figures for 2002
17 December 2003 Translations of the Overview of the BIS Quarterly Review December 2003 - International banking and financial market developments
15 December 2003 New central bank link:
Haiti
8 December 2003 Publication and press release:
BIS Quarterly Review December 2003 - International banking and financial market developments
In this issue: 1) The credit spread puzzle,   2) Common factors in emerging market spreads,   3) Sovereign credit default swaps; 4) Unifying government bond markets in East Asia    
1 December 2003 Press release:
New Chairman of the Joint Forum
28 November 2003 New publication:
Joint BIS-IMF-OECD-World Bank statistics on external debt
26 November 2003 BIS Papers: Fiscal issues and central banking in emerging economies
19 November 2003 CPSS publication:
Payment systems in Saudi Arabia
18 November 2003 Press release:
FSF concludes third Latin American Regional Meeting
18 November 2003 CPSS publication:
Payment systems in Lebanon
17 November 2003 CPSS publication:
Payment systems in Kazakhstan
12 November 2003 Publication and press release:
The Global OTC Derivatives Market at end-June 2003.
5 November 2003 New central bank link:
Tonga
27 October 2003 Basel Committee issues consultative document on the compliance function in banks
24 October 2003 BIS consolidated banking statistics for the second quarter of 2003
24 October 2003 Working papers:
Three episodes of financial fragility in Norway since the 1890s
The Balassa-Samuelson effect in central Europe: a disaggregated analysis
Transparency versus constructive ambiguity in foreign exchange intervention
22 October 2003 French full translation of the BIS Quarterly Review September 2003 - International banking and financial market developments
16 October 2003 German and Italian full translations of the BIS Quarterly Review September 2003 - International banking and financial market developments
16 October 2003 CPSS: Spanish translation of Policy issues for central banks in retail payments (extracts)
13 October 2003 Note to former private shareholders:
Hague Arbitral Tribunal final decision of 19 September 2003
11 October 2003 Press release:
Basel II: Significant Progress on Major Issues
8 October 2003 Basel Committee: French translation of High-level principles for the cross-border implementation of the New Accord
3 October 2003 BIS Papers: Monetary policy in a changing environment
3 October 2003 CPSS publication:
Payment systems in Russia
8 October 2003 Translations of the Highlights of the BIS Quarterly Review September 2003 - International banking and financial market developments
1 October 2003 Basel Committee: Spanish translation of Internal Audit in Banks and the Supervisor's Relationship with Auditors: A Survey
30 September 2003 CPSS: Spanish translation of The role of central bank money in payment systems (extracts).
30 September 2003 Basel Committee: German and Italian translations of High-level principles for the cross-border implementation of the New Accord
24 September 2003 Working papers:
The price level, relative prices and economic stability: aspects of the interwar debate
The Great Depression as a credit boom gone wrong
Public and private information in monetary policy models
External constraints on monetary policy and the financial accelerator
Asset prices, financial imbalances and monetary policy: are inflation targets enough?
Financial strains and the zero lower bound: the Japanese experience
24 September 2003 CPSS: Spanish translation of the background information note
24 September 2003 Basel Committee: Spanish translation of High-level principles for the cross-border implementation of the New Accord
22 September 2003 Press release:
Withdrawal of privately held shares of the BIS: Final decision of the Hague Arbitral Tribunal
21 September 2003 Press release:
Communiqué of the Ministers and Governors of the Group of Ten.
19 September 2003 BIS Papers: Monetary stability, financial stability and the business cycle: five views
18 September 2003 Translations of the Overview of the BIS Quarterly Review September 2003 - International banking and financial market developments
16 September 2003 Working papers: Currency Crises and the Informational Role of Interest Rates
11 September 2003 Press release:
Financial Stability Forum holds its tenth meeting.
9 September 2003 Working papers:
How good is the BankScope database? A cross-validation exercise with correction factors for market concentration measures
The cost of barriers to entry: evidence from the market for corporate euro bond underwriting
8 September 2003 Publication and press release:
BIS Quarterly Review September 2003 - International banking and financial market developments
In this issue: 1) Changing links between mature and emerging financial markets,   2)  Domestic versus foreign currency sovereign ratings,   3) Reaching for yield: selected issues for reserve managers   4) Institutional asset managers: industry trends, incentives and implications for market efficiency    
4 September 2003 BCBS publication: Principles for the Management and Supervision of Interest Rate Risk
29 August 2003 Release: Joint BIS-IMF-OECD-World Bank statistics on external debt.
28 August 2003 BCBS working paper: Markets for Bank Subordinated Debt and Equity in Basel Committee Member Countries
20 August 2003 BCBS publishes the Comments received on the Third Consultative Paper on the New Basel Capital Accord
20 August 2003 BCBS publication and press release:
Consolidated KYC Risk Management
20 August 2003 French translation of the CPSS publication: Assessment methodology for "Recommendations for Securities Settlement Systems"
18 August 2003 BCBS publication and press release:
High-level principles for the cross-border implementation of the New Accord
12 August 2003 CPSS publication:
The role of central bank money in payment systems
11 August 2003 Joint Forum publications and press release :
Trends in risk integration and aggregation
Operational risk transfer across financial sectors
5 August 2003 Conference announcement:
Market Discipline: The Evidence across Countries and Industries
28 July 2003 Working papers:
Developing country economic structure and the pricing of syndicated credits
25 July 2003 Publication and press release:
The BIS consolidated banking statistics - first quarter 2003
22 July 2003 Full french translation of the BIS Quarterly Review June 2003 - International banking and financial market developments
17 July 2003 Publications and press release:
Management and supervision of cross-border electronic banking activities and
Risk management principles for electronic banking .
17 July 2003 Press release:
Basel Committee welcomes revised FATF recommendations
11 July 2003 Full German and Italian translations of the BIS Quarterly Review June 2003 - International banking and financial market developments
4 July 2003 BIS advises caution against fraudulent schemes
3 July 2003 Press release:
Triennial Central Bank Survey of Foreign Exchange and Derivatives Market Activity (2004)
30 June 2003 BIS 73rd Annual Report 2002/2003
30 June 2003 BIS Annual General Meeting
30 June 2003 Press release:
BIS Board invites new members, appoints Hans Tietmeyer as Vice-Chairman
12 June 2003 Joint publication: Initiatives by the BCBS, IAIS and IOSCO to combat money laundering and the financing of terrorism.
10 June 2003 Updates on the BIS shares withdrawal process
10 June 2003 Translations of the Overview of the BIS Quarterly Review June 2003 - International banking and financial market developments
2 June 2003 Press release:
Launch of the Asian Bond Fund
2 June 2003 Publication and press release:
BIS Quarterly Review June 2003 - International banking and financial market developments
In this issue: 1) Buoyant markets in weak economies,   2) Capital flows in East Asia since the 1997 crisis,   3) Risk attitudes: what can we learn from options?   4) What drives investor risk aversion?    
30 May 2003 Release: Joint BIS-IMF-OECD-World Bank statistics on external debt.
27 May 2003 Basel Committee:
Supplementary information on the Third Quantitative Impact Study (QIS 3).
21 May 2003 BIS Papers:
Regional currency areas and the use of foreign currencies.
20 May 2003 Basel Committee Publication:
Public Disclosures by Banks: Results of the 2001 Disclosure Survey..
19 May 2003 Press release:
Roger W Ferguson Jr to chair Financial Stability Forum.
8 May 2003 Publication and press release:
The Global OTC Derivatives Market at end-December 2002.
7 May 2003 BIS Papers:
Guide to the international financial statistics.
China's capital account liberalisation: international perspectives.
5 May 2003 Basel Committee:
Results of the Third Quantitative Impact Study (QIS 3).
1 May 2003 CPSS publications and press release:
Payment and settlement systems in selected countries;. Statistics on payment and settlement systems in selected countries - Figures for 2001.
29 April 2003 Publication and press release:
Third Consultative Paper of the New Basel Capital Accord.
25 April 2003 New publication and Press Release:
The BIS consolidated international banking statistics - fourth quarter 2002
16 April 2003 Translations:
BIS Quarterly Review March 2003 - International banking and financial market developments (French, German, Italian)
9 April 2003 Basel Committee workshop:
Banking and Financial Stability: A Workshop on Applied Banking Research
9 April 2003 Working papers:
Optimal supervisory policies and depositor-preference laws
31 March 2003 CGFS Publications:
Incentive structures in institutional asset management and their implications for financial markets.
31 March 2003 Conference:
Monetary stability, financial stability and the business cycle
26 March 2003 Publication and press release:
FSF reviews vulnerabilities and efforts to strengthen the international financial system
24 March 2003 Group of Ten report: Report of the G-10 Working Group on Contractual Clauses
20 March 2003 BIS Speeches:
Andrew Crockett: Central banking, financial stability and Basel II;
Andrew Crockett: International standard setting in financial supervision;
William White: International financial crises: prevention, management and resolution
14 March 2003 Basel Committee:
The 2002 Loss Data Collection Exercise for Operational Risk: Summary of the Data Collected.
10 March 2003 Press release:
SDR to replace gold franc at the BIS
10 March 2003 Publication and press release:
CPSS report on "Policy issues for central banks in retail payments"
10 March 2003 Press release:
Joseph Yam appointed Chairman of the BIS Asian Consultative Council.
10 March 2003 Press release:
Meeting of G10 central bank governors and heads of banking supervision.
10 March 2003 Publication and press release:
BIS Quarterly Review March 2003 - International banking and financial market developments
In this issue: 1) Choosing instruments in managing dollar foreign exchange reserves,   2) The euro interest rate swap market,   3) Volatility and derivatives turnover: a tenuous relationship    
3 March 2003 Working papers:
Living with flexible exchange rates: issues and recent experience in inflation targeting emerging market economies
28 February 2003 Release: Joint BIS-IMF-OECD-World Bank statistics on external debt.
26 February 2003 BIS Papers: Guide to the international financial statistics.
25 February 2003 Basel Committee Publications:
Sound Practices for the Management and Supervision of Operational Risk.
21 February 2003 Working papers:
Are credit ratings procyclical?
18 February 2003 Working papers:
Towards a macroprudential framework for financial supervision and regulation?;
A tale of two perspectives: old or new challenges for monetary policy?
7 February 2003 Press release:
Central banks to collect more in-depth statistics on banks' country risk exposures.
31 January 2003 Working papers:
A survey of cyclical effects in credit risk measurement models;
The institutional memory hypothesis and the procyclicality of bank lending behaviour
29 January 2003 CGFS Publication:
Credit risk transfer.
24 January 2003 Translations of CPSS publication:
Assessment methodology for "Recommendations for Securities Settlement Systems". Spanish
Recommendations for securities settlement systems. French
24 January 2003 Basel Committee Publications:
Shell banks and booking offices.
Parallel-owned banking structures.
23 January 2003 Press release:
Roger W Ferguson Jr appointed Chairman of the CGFS.
23 January 2003 New publication and Press Release:
The BIS consolidated international banking statistics - third quarter 2002
23 January 2003 Working papers:
Credit constraints, financial liberalisation and twin crises;
Communication and monetary policy
20 January 2003 Working paper:
Positive feedback trading under stress: Evidence from the US Treasury securities market
20 January 2003 Translations:
BIS Quarterly Review December 2002 - International banking and financial market developments (French, German, Italian)
20 January 2003 New central bank link:
Uruguay
15 January 2003 Financial Stability Institute: 2002 Award winning paper.
15 January 2003 Exchange of letters modifying the Bank's Headquarters Agreement with Switzerland (original in French).
13 January 2003 Press release:
Malcolm D Knight appointed as BIS General Manager.
8 January 2003 Contact Group report and press release: Turbulence in asset markets: the role of micro policies