BIS chief outlines four research priorities under new BIS 100 strategy
A Central Banking interview with BIS general manager Pablo Hernández de Cos sets out the rationale behind the institution's new BIS 100 strategy and the research priorities it implies. For compliance and policy teams tracking where international standard-setting attention is heading, the interview signals which themes the BIS will prioritise toward 2030.
- The BIS 100 strategy, launched under Hernández de Cos, is designed to conclude in 2030, the BIS's centenary year.
- The monetary and economic department has identified four research areas: technology and future of money, non-bank finance, structural change, and financial regulation.
- Technology research will cover tokenisation ranging from stablecoins to tokenised deposits.
- The non-bank finance workstream will examine intermediaries' growing role in intermediating public debt and their interconnections with traditional banks.
- The regulation workstream aims to assess the effectiveness and potential side effects of different regulatory measures to inform debate on modernising regulation.