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BIS’ Nexus connects three IPSs for cross-border payments
27 March 2023
Reporter Lucy Carter

BIS Innovation Hub Singapore Centre has used the Nexus prototype to connect the test versions of three established ISPs, from the Bank of Italy, Central Bank of Malaysia and Monetary Authority of Singapore

Strong improvement in capital reserves and liquidity risk profiles key to banking resilience, says BCBS
23 March 2023
Reporter AST

Since 2011, banks’ leverage ratio has improved from 3.5 to 6.5 per cent and their risk-based common equity tier 1 ratio (CET1) has risen from 7 to 13 per cent, according to Basel Committee

Apex and Crypto Finance partner on digital asset solutions
22 March 2023
Reporter Lucy Carter

Apex Group has partnered with digital asset solutions, custody and brokerage provider Crypto Finance Group to provide institutional-grade crypto products to the market

EU supervisors confirm ranking in resolution waterfall following Credit Suisse takeover
21 March 2023
Reporter Bob Currie

The EU Single Resolution Board (SRB) has issued a statement confirming that holders of Additional Tier 1 (AT1) instruments should rank ahead of holders of common equity in case of resolution or insolvency of a banking institution in the Banking Union

UBS set to take over Credit Suisse in “emergency rescue”
20 March 2023
Reporter Jenna Lomax

The mandate was signed without approval of shareholders, under emergency orders issued by the Swiss Federal Council, yesterday (Sunday 19 March)

Credit Suisse expands sustainability offerings
07 March 2023
Reporter Lucy Carter

Credit Suisse has partnered with act Cleantech Agentur Schweiz to expand its sustainability-related advisory services to corporate clients

BIS completes Project Icebreaker central bank digital currency pilot
06 March 2023
Reporter Bob Currie

Working alongside central banks from Israel, Norway and Sweden, the PoC evaluates the technical feasibility of making cross-border and cross-currency payments between retail CBDC systems

FSB releases 2023 work priorities
21 February 2023
Reporter Lucy Carter

The Financial Stability Board has published its work priorities for the year ahead in a letter to G20 finance ministers and central bank governors

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