The Basel Committee's Research Task Force Transmission Channel project aimed at generating new research on various aspects of the credit channel linkages in the monetary transmission mechanism. Under the credit channel view, financial intermediaries play a critical role in the allocation of...

This document provides guidance to supervisors and banks on approaches for managing the risks associated with the settlement of foreign exchange (FX) transactions. It expands on, and replaces, the Basel Committee's Supervisory guidance for managing settlement risk in foreign exchange...

The Research Task Force Transmission Channel (RTF-TC) project was conceived before the onset of the recent global financial crisis. From the beginning, RTF-TC was intended to be a long-term project that would involve many RTF member institutions. The primary goal was to generate new research on...