BISUpdated Payments

Appointments to BIS global payments standard-setting body and Consultative Council for the Americas

Payments topic illustration

AI summary of the source article

Bank of Korea Governor Hyun Song Shin was appointed Chair of the BIS Committee on Payments and Market Infrastructures for a three-year term starting 1 November. Additionally, Bank of Canada Governor Tiff Macklem's term as CCA Chair was extended to 31 March 2027.

Key facts

  • Hyun Song Shin was appointed Chair of the BIS Committee on Payments and Market Infrastructures for a three-year term starting 1 November.
  • The Board of Directors extended Tiff Macklem's term as Chair of the Consultative Council for the Americas until 31 March 2027.

Source excerpt · BIS

Bank of Korea Governor Hyun Song Shin appointed Chair of the Bank for International Settlements (BIS) Committee on Payments and Market Infrastructures (CPMI) for a three-year term from 1 November. In addition, the Board of Directors has extended the term of Tiff Macklem, Governor of the Bank of Canada, as Chair of the Consultative Council for the Americas (CCA) until 31 March 2027.