Observations
Oct 16, 2023Earlier this month, the Basel Committee on Banking Supervision published its report on the regulatory and supervisory implications of the 2023 banking turmoil. The Basel Committee argues that the bank failures exposed widespread shortcomings in risk management and culture, highlighting the need for more effective supervision to assess such concerns.
Compendium
May 17, 2021In June 2019, the Bank for International Settlements (BIS) launched the BIS Innovation Hub, “to identify and develop in-depth insights into critical trends in technology affecting central banking; develop public goods in the technology space geared towards improving the functioning of the global financial system; and serve as a focal point for a network of central bank experts on innovation.” ... cont
