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Bank for International Settlements

In a speech to a conference on the 12 March, 2019, to mark the 20th Anniversary of the Financial Stability Institute, Mr Agustin Carstens, General Manager of the Bank for International Settlements, set out what the FSI has achieved and objectives for the future.

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On 13 March, the Bank for International Settlements Basel Committee issued a statement regarding "crypto-assets." Some of its basic assumptions are wrong and fundamentally misleading.

Regulations implementing the Liquidity Coverage Ratio in China and the United States are assessed as “compliant” with the Basel framework, while the European Union is “largely compliant”.

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