BIS: Made three appointments to lead key central bank committees

BIS: Made three appointments to lead key central bank committees

• BIS occupies a distinct position among international financial institutions
• John Williams (Federal Reserve Bank of New York) was appointed Chair of the Markets Committee (MC) for three years from January 2023
• Sir Jon Cunliffe’s (Bank of England) term as Chair of the Bank for International Settlements’ Committee on Payments
• Philip Lowe (Reserve Bank of Australia) was appointed to a second term as Chair of the Committee on the Global Financial System (CGFS)
• The Markets Committee is a forum where senior central bank officials jointly monitor developments in financial markets
• The Committee on the Global Financial System monitors developments in global financial markets for central bank Governors