Bank of International Settlement

BIS Working Papers  |  No 767  |  11 February 2019 by  Wenqian Huang PDF full text (480kb)  |  61 pages Summary Focus This paper investigates for-profit central counterparties (CCPs), asking whether their incentives might undermine financial stability. Such CCPs choose how much capital to hold,...

Summary of document history   Previous version Previousconsultation This version Subsequentconsultation Subsequentversion This version BCBS  |  Working papers  |  05 February 2019  |  Status:  Current PDF full text (3,064kb)  |  33 pages Topics: Macroprudential /...

CPMI Papers  |  No 183  |  30 January 2019 PDF full text (916kb)  |  139 pages The Committee on Payments and Market Infrastructures (CPMI) and the International Organization of Securities Commissions (IOSCO) closely monitors the implementation of the Principles for financial market infrastructures (PFMI)....

IFC Bulletin  |  No 49  |  28 January 2019 PDF full text (49,298kb)  |  1,589 pages Proceedings of the Ninth IFC Conference in Basel, Switzerland, 30-31 August 2018. Conference overview Are the post-crisis statistical initiatives complete? An overview Authors: ...

BIS Working Papers  |  No 766  |  25 January 2019 by  Diego Caballero, André Lucas, Bernd Schwaab and Xin Zhang PDF full text (644kb)  |  48 pages Summary Focus We address to what extent a central bank can de-risk its balance sheet through unconventional monetary policy operations....

Report submitted by a Working Group established by the Committee on the Global Financial System. The Group was co-chaired by Viral V Acharya (Reserve Bank of India) and Li Bo (People's Bank of China). CGFS Papers  |  No 62  |  23 January 2019 PDF full text (566kb)  |  71 pages...

BIS Working Papers  |  No 765  |  21 January 2019 by  Raphael Auer PDF full text (606kb)  |  31 pages Summary Focus The paper focuses on how Bitcoin and related cryptocurrencies verify that payments are final, ie irreversible once written into the blockchain. It points to the high costs of...

BIS Working Papers  |  No 764  |  17 January 2019 by  Pierre-Richard Agénor and Luiz Awazu Pereira da Silva PDF full text (1,843kb)  |  58 pages Summary Focus There is growing evidence that international financial spillovers have become a two-way street. They occur not only from the major...

Summary of document history   Previous version Previousconsultation This version Subsequentconsultation Subsequentversion Minimum capital requirements for market risk 14 Jan 2016 Type:  Standards Status:  Superseded...

BIS Working Papers  |  No 763  |  11 January 2019 by  Claudio Borio PDF full text (424kb)  |  31 pages Summary Focus The paper discusses the properties of a well functioning monetary system, in both its day-to-day operation and the longer run. It defines a monetary system as money plus the...