BIS Gives Industry Efforts To Reduce Settlement Risk Cautious "Thumbs Up"

DEALING & NETTING

BASLE--Industry efforts to reduce foreign exchange settlement risk have received a cautious "thumbs up" from the Basle Committee of the Bank for International Settlements (BIS). A progress report released earlier this month by the BIS commends recent initiatives by central banks and the private sector, but warns that a number of individual banks still haven't made progress in tackling forex settlement risk.

The BIS's findings on individual banks are based on a survey of 63 banks based in G10

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.fxweek.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Week account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: