"This increased reliance on third parties beyond the scope of traditional outsourcing, coupled with the expansion of supply chains and rising concentration risks, has necessitated an update to the 2005 Joint Forum paper Outsourcing in financial…
"I wish our partners in Nexus every success as they advance the project from concept to reality. This is the first BIS Innovation Hub project that central banks are moving towards a live phase together with instant payment providers," says BIS…
"One of our core missions is to advance lives, and this can also be seen in how we have meticulously selected individuals who align perfectly with our core values to join our ranks. The appointment of these 'Movement Makers' reflects Africanbank's…
"The statistics from this year's competition paint a picture of a vibrant and resilient entrepreneurial landscape. From the wide age range of entrants to the variety of industries represented, it's clear that the spirit of innovation and the…
"Ms Navaratnam joined the BIS in 2020 as the Head of Credit Risk Management, and previously worked at Goldman Sachs, where she progressed through various regional and global credit risk leadership roles across their New York and Singapore offices,"…
"The SARB acknowledges that certain of the items may require further research and assistance from other government departments and stakeholders. The path has, however, been set and the desire is for all relevant stakeholders to jump on board…
"In my world of payments technology, I still see plenty of legacy payment systems that run on COBOL. In particular, many of the batch payment schemes were designed in the heyday of COBOL, were built in COBOL and have survived into the cloud…
Project Agorá is a joint public-private initiative of the BIS, Banque de France (representing the Eurosystem), Bank of Japan, Bank of Korea, Bank of Mexico, Swiss National Bank, Bank of England, the Federal Reserve Bank of New York and the IIF…
"The review of the IADI Core Principles is a critical and timely initiative to ensure that the global standard for deposit insurance systems remains relevant and effective in the evolving financial environment and is adaptable to the ongoing…
The Group of Central Bank Governors and Heads of Supervision (GHOS), the oversight body of the Basel Committee on Banking Supervision has appointed Erik Thedéen, Governor of the Sveriges Riksbank, as the new Chair of the Basel Committee on Banking…
"As we celebrate three decades of dedication to economic growth and social advancement in the democratic era, we remain committed to building infrastructure that not only transforms communities but also fosters resilience and sustainability,"…
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