What holds the monetary system together at its core? In a speech at @goetheuni, Agustín Carstens takes inspiration from Germany’s literary giant Goethe to reflect on the soul of money in the digital era. https://www.bis.org/speeches/sp220118.htm.

On 7 December, the Financial Stability Board (FSB) and the Financial Stability Institute (FSI) of the BIS hosted a virtual event to assess the achievements of the Key Attributes of Effective Resolution Regimes 10 years on. https://www.bis.org/fsi/events/211207_fsi_fsb.htm

Benoît Cœuré, Andréa M Maechler, Sylvie Goulard, Morten Bech and Thomas Moser host a briefing on the conclusions of Project Jura, about the use of wholesale central bank digital currencies for international settlement of assets and foreign exchange. https://www.bis.org/about/bisih/topics/cbdc/jura.htm

The event sets the pace around upcoming plans around the BIS Innovation Hub Eurosystem Centre. The event will explore the strengths of the innovation happening in the national central banks of the Eurosystem.

Jura explores the direct transfer of euro and Swiss franc wholesale central bank digital currencies (wCBDCs) between French and Swiss commercial banks on a single DLT platform operated by a third party. Tokenised asset and foreign exchange trades are settled safely and efficiently using payment versus payment (PvP) and delivery versus payment (DvP) mechanisms. https://www.bis.org/about/bisih/topics/cbdc/jura.htm

Jura explores the direct transfer of euro and Swiss franc wholesale central bank digital currencies (wCBDCs) between French and Swiss commercial banks on a single DLT platform operated by a third party. Tokenised asset and foreign exchange trades are settled safely and efficiently using payment versus payment (PvP) and delivery versus payment (DvP) mechanisms. The experiment is conducted in a near-real setting, using real-value transactions and complying with current regulatory requirements. https://www.bis.org/publ/othp44.htm

Borio and Shin brief the media on the key takeaways of the BIS December 2021 Quarterly Review. https://www.bis.org/publ/qtrpdf/r_qt2112.htm

BIS Quarterly Review, December 2021

BIS Quarterly Review, December 2021

Jointly operated payment systems involving multiple central bank digital currencies (multi-CBDCs) are a way to improve cross-border payments and settlements.

Project Dunbar brings together the Reserve Bank of Australia, Bank Negara Malaysia, Monetary Authority of Singapore, and South African Reserve Bank with the BIS Innovation Hub to test the use of central bank digital currencies (CBDCs) for international settlements. Learn about the expected benefits of multi-CBDCs and how it could make cross-border payments cheaper, faster, and safer. See how we faced and solved critical challenges in designing a multi-CBDC shared settlement platform.

The BIS, the International Association of Insurance Supervisors, the Network for Greening the Financial System and the Sustainable Insurance Forum are proud to launch the Climate Training Alliance portal. This portal enhances access to training resources for central banks and supervisors responding to climate risk.

A 36-minute conversation on policy normalization in AEs and its impact on Asia, CBDC, and big tech regulation.

Emerging markets are better placed to withstand tightening global financial conditions than in the past, thanks to stronger policy frameworks and buffers built after the Great Financial Crisis.

Central banks can and will contribute to tackling climate change, but they need to set the right expectations about their contribution.

Project Ellipse is a proof of concept (POC) launched by the Bank for International Settlements Innovation Hub to explore how supervision could become insights-based and data-driven using an integrated regulatory data and analytics platform. https://www.bis.org/about/bisih/topics/suptech_regtech/ellipse.htm

Project Ellipse is a proof of concept (POC) launched by the Bank for International Settlements Innovation Hub to explore how supervision could become insights-based and data-driven using an integrated regulatory data and analytics platform. https://www.bis.org/about/bisih/topics/suptech_regtech/ellipse.htm

Inflation dynamics have changed since the mid-1980s, with important implications for monetary policy. https://www.bis.org/publ/qtrpdf/r_qt2109b.htm