BIS Newsletter: Appointments, Payments And Supervision

June 2026

Banca d’Italia Governor is appointed Chair of the BIS Board

Fabio Panetta will chair the BIS Board of Directors and Governors made other key appointments to central bank groups.

Stablecoins' global impact

Widespread use of stablecoins in emerging market and developing economies could undermine monetary policy autonomy and reinforce existing currency hierarchies.

Enhancing cross-border payments step by step: insights from the 2025 monitoring survey

Detailed analysis of the 2025 monitoring survey results highlights significant progress in advancing cross-border payments, while identifying areas for further action.

Project Agorá

Project Agorá, in collaboration with central banks and financial institutions, shows how tokenisation and programmable technologies can enhance cross-border payments.

Global real house prices keep declining

Aggregated global house prices continued declining in real terms in Q4 2025, down 0.6% year on year.

More BIS publications

Speech: The quest for supervisory effectiveness
Pablo Hernández de Cos said effective supervisory frameworks must strike the right balance between flexibility and consistency.

BIS Bulletin: Monetary policy transmission to exchange rates: the role of currency carry trades
Monetary policy transmission to exchange rates can be state-dependent based on leverage in currency markets due to carry trades.

FSI Insights: Acting under uncertainty - the case for supervisory risk appetite frameworks
Supervisory risk appetite frameworks can strengthen prudential authorities’ governance, culture and effectiveness.

Upcoming

2 June: Chief Representative for Asia and Pacific, Tao Zhang, speaks at the Bank of Korea conference
15 June: BIS Quarterly Review published
28 June: BIS Annual Report and Annual Economic Report published