Bank for International Settlements (BIS)

Disruption and Digitalisation

Project Nexus completes blueprint; prepares for work towards live implementation

The project seeks to enhance cross-border payments by connecting multiple domestic instant payment systems globally.

Banking & finance

MAS among central banks to explore protocols for policy and regulatory compliance in cross-border transactions

The other central banks are the Reserve Bank of Australia, Bank of Korea and Bank Negara Malaysia.


BIS, Asean central banks explore fund transfers across borders

The plan follows a successful linkage of the Eurosystem with Malaysia and Singapore via a prototype of Project Nexus.

Broker's Calls

FX markets playing 'a game of two halves', USD to depreciate in 2H2022: DBS

Fed chair Jerome Powell did not rule out a US recession from the frontloading of Fed hikes to restore price stability.

Global Economy

Stagflation threat needs central bank action, BIS warns

"You are more likely to be on the soft landing side if you tighten in a timely and decisive fashion."

Global Economy

What next for unconventional monetary policies?

(Dec 2): The Bank for International Settlements (BIS), the central bankers’ club in Basel, Switzerland, recently conducted an in-depth evaluation of the unconventional monetary policies that have become the norm in many countries since the 2008 financia


Bank for International Settlements sets up innovation hub centre in Singapore

SINGAPORE (July 1): The Bank for International Settlements (BIS), the Basel, Switzerland-based institution, which watches over global financial stability, has selected Singapore as one of the locations for an innovation hub centre, alongside Basel and Hon


Asia's big developers 'more vulnerable' to shocks, BIS warns

SINGAPORE (Mar 12): Asia’s big developers are “more vulnerable” to shocks after their profitability waned from the boom years at the start of the decade, the Bank for International Settlements warned.

Singapore still largest FX centre in Asia-Pacific, third largest globally

SINGAPORE (Sept 1): The Monetary Authority of Singapore (MAS) on Thursday says Singapore is still the largest foreign exchange (FX) centre in the Asia-Pacific region, and third largest globally after London and New York.