BIS

BIS Looks For ‘Prudential’ Crypto Rules
BIS Looks For ‘Prudential’ Crypto Rules
December 17, 2019  |  Bank Regulation

The Basel Committee has said in a paper that a “prudential” regulatory framework should be constructed by stakeholders in a bid to address concerns over...

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Avast Cybersecurity Firm Targeted By China Hack
Avast Cybersecurity Firm Targeted By China Hack
October 21, 2019  |  Security & Fraud

Czech cybersecurity company Avast was hacked by an outside actor suspected to have ties to China.  Reuters is reporting that both Czech counterintelligence service BIS...

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The Central Bank Conundrum On Cryptos
The Central Bank Conundrum On Cryptos
October 11, 2019  |  Cryptocurrency

For central banks, when it comes to cryptocurrencies, there’s no central theme. Whether the advent of digital coins signifies an existential threat to monetary policy...

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BIS: Big Banks Lower-Risk, More Resilient Than Pre-Crisis
BIS: Big Banks Lower-Risk, More Resilient Than Pre-Crisis
September 22, 2019  |  Economy

The Bank for International Settlements said the world’s biggest banks are actually more resilient and pose less of a risk to the economy than before...

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BIS Advocates Bank Oversight Of Blockchain
BIS Advocates Bank Oversight Of Blockchain
September 18, 2019  |  Regulation

In finance, now comes automated, embedded supervision. Maybe. To that end, the Bank for International Settlements (BIS) said in a paper titled “Embedded supervision: how...

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APIs For FinTech Firms And Installment Plans
APIs For FinTech Firms And Installment Plans
July 02, 2019  |  B2B Payments

Programming innovations are making inroads, and are used by FinTech firms and banks to offer financial services to corporations and consumers. This week’s news touched on...

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BIS Warns About Corporate Borrowing
BIS Warns About Corporate Borrowing
July 01, 2019  |  B2B Payments

The Bank for International Settlements (BIS) has sent out a warning about the rise in corporate borrowing, saying it could be a danger to the...

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BIS Debuts Innovation Hub To Help Central Banks Collaborate
BIS Debuts Innovation Hub To Help Central Banks Collaborate
July 01, 2019  |  Banking

The Bank for International Settlements (BIS) has announced the launch of a BIS Innovation Hub to enable central banks around the world to collaborate on...

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G20 Finance Board: Libra Will Need To Be Watched Closely 
G20 Finance Board: Libra Will Need To Be Watched Closely 
June 25, 2019  |  Regulation

Randal Quarles, chair of the Financial Stability Board (FSB), said there won’t be a specific item on the agenda about Facebook’s Libra at the G20...

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