Bank for International Settlements
Scotti urges action on AI governance in financial markets
Chiara Scotti, Deputy Governor of Banca d'Italia, highlighted the need for stronger governance and resilience frameworks for artificial intelligence in Italian financial markets.
Focus
Rehn: European safe asset now strategic necessity
Olli Rehn, Governor of the Bank of Finland, argued that a European safe asset is no longer a pragmatic response to crises but a strategic necessity.
Isărescu: Stability is foundation for South-east Europe's growth
Mugur Isărescu, Governor of the National Bank of Romania, emphasized economic stability as the foundation for investment, innovation, and social progress in South-east Europe.
Latest
Imitation benefits innovators via preference discovery
A new Bank for International Settlements (BIS) working paper finds that allowing imitation can be privately optimal for innovators.
Digital payments surge, cash in circulation holds steady
Global cashless payments continue to increase, driven by credit transfers in emerging markets and card payments in advanced economies.
Unregulated crypto intermediaries pose financial stability risks
A Bank for International Settlements (BIS) paper highlights that cryptoasset service providers (CASPs) increasingly act as financial intermediaries, taking on credit, liquidity, and maturity risks without adequate prudential safeguards.
More Topics
Labor market power amplifies discrimination against immigrants
A new BIS working paper finds that labor market power significantly amplifies wage and employment discrimination against immigrants.
Malhotra: RBI fosters India's growth, navigates global challenges
Reserve Bank of India Governor Sanjay Malhotra outlined the central bank's crucial role in fostering India's economic growth and navigating global challenges.
Breeden flags private markets, sovereign debt as new risks
Bank of England Deputy Governor Sarah Breeden highlighted new financial stability vulnerabilities despite the global system's resilience.
Angelini: DLT adoption shows tentative progress
Paolo Angelini, Senior Deputy Governor of Banca d'Italia, stated that Distributed Ledger Technology (DLT) and stablecoin adoption is making tentative progress.
Rehn: Geopolitics clouds euro area growth, inflation outlook
Olli Rehn, Governor of the Bank of Finland, discussed the impact of geopolitical turmoil on the euro area economy.
Waller outlines plan for modernizing Fed operations
Christopher J Waller, Member of the Board of Governors of the Federal Reserve System, outlined a vision for modernizing Federal Reserve operations.