Tagged: bis

November 11, 2019 @ 8:21 am By JD Alois  |  

Benoît Cœuré, the outgoing European Central Bank Executive Board Member and an individual some thought best equipped to become the President of the ECB, has been appointed to lead the newly created Bank for International Settlements (BIS) Innovation Hub. According to BIS, Cœuré will commence… Read More

October 11, 2019 @ 2:00 am By Cali Haan  |  

The Bank for International Settlements (BIS), popularly known as the “central bank of central banks,” will be engaging in two projects at the BIS’s newly-established Innovation Hub in Switzerland, one of which involves, “examin(ing) the integration of digital central bank money into a distributed ledger technology… Read More

October 10, 2019 @ 3:56 am By Omar Faridi  |  

The Bank for International Settlements (BIS) has teamed up with the Swiss National Bank (SNB) in order to work on a Switzerland-based innovation hub that will initially conduct research into central bank digital currencies (CBDCs) and distributed ledger technology (DLT). Financial services provider SIX is… Read More

September 18, 2019 @ 4:16 pm By Omar Faridi  |  

The Bank for International Settlements (BIS), a financial institution owned by central banks which “fosters international monetary and financial cooperation,” has published a research paper that recommends building regulatory processes into blockchain-enabled financial markets.  Authored by Raphael Auer, the principal economist for the monetary and… Read More

July 4, 2019 @ 7:55 am By JD Alois  |  

The Hong Kong Monetary Authority (HKMA) has issued a statement on the launch off the Bank for International Settlements (BIS) Innovation Hub opening in Hong Kong. BIS announced on June 30th its intent to open several Fintech focused hubs with Hong Kong becoming the first…. Read More

June 30, 2019 @ 10:25 pm By Samantha Hurst  |  

The Board of the Bank for International Settlements (BIS) announced on Sunday they have approved the establishment of a BIS Innovation Hub to foster international collaboration on fintech within the central banking community complementing the already well-established cooperation within the existing committees. The Board reported… Read More

March 26, 2019 @ 3:44 am By Cali Haan  |  

The General Manager for the Bank for International Settlements (BIS), Augustin Carstens, told an audience in Dublin last Friday that central banks should not get into the business of issuing a central bank digital currencies or “CBDCs” to the public, mainly because tokens/”blockchains” do not… Read More

February 14, 2019 @ 2:39 pm By JD Alois  |  

The Bank of England (BoE) has published its Supervision of Financial Market Infrastructures (FMIs) – Annual Report. And inevitably buried within there are some interesting comments when it comes to innovations in finance. The Bank regulates FMIs in three broad categories: payment systems, central securities depositories… Read More

September 25, 2018 @ 8:07 pm By Cali Haan  |  

Rhetoric regarding cryptocurrencies is somewhat more moderate in a recent report from the Bank for International Settlements (BIS), which finds that cryptocurrencies, in fact, “rely on regulated financial institutions to operate, bringing cryptocurrencies within reach of national regulation.” The BIS regulates and holds capital on behalf… Read More

July 6, 2018 @ 8:45 am By Cali Haan  |  

Money, “brings the best out of every individual..(and) makes the machinery work…” says famed Mexican economist and General Manager of the Bank for International Settlements (BIS), Agustín Carstens, but “the system is fragile” to interest rate and trade gyrations, and young people must stop printing from nothing in… Read More

June 25, 2018 @ 8:44 pm By Cali Haan  |  

The head of research at the bank coordinating the world’s top 60 central banks, the Bank for International Settlements (BIS), told delegates at its Annual General Meeting Sunday that he does not believe cryptocurrency blockchains in general can scale and transact enough to threaten the… Read More

June 18, 2018 @ 7:23 pm By JD Alois  |  

The Bank of International Settlements (BIS) is out with a report on cryptocurrencies that hammers the new technology. Created in 1930, a time of profound economic uncertainty, BIS serves central banks by promoting financial stability and cooperation. The BIS is actually owned by 60 central banks,… Read More

May 12, 2016 @ 12:38 pm By JD Alois  |  

The UK Government has published a report on small business activity. Produced by the Department for Business, Innovation & Skill (BIS), the Small Business Survey is based on feedback from over 15,000 UK SMEs.  The correlated data was published in two separate reports.   Small… Read More

December 21, 2015 @ 2:20 pm By JD Alois  |  

The Parliament committee on Business, Innovation and Skills (BIS), has launched an inquiry regarding access to finance.  According to information posted on the UK Parliament site, members are seeking to better understand how access to finance has developed since the financial crisis and what exactly… Read More