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MNI BRIEF: BIS Appoint NY Fed's Williams Head of Markets Ctte

(MNI) London
(MNI) London
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NY Fed President John Williams has been appointed Chair of the Basel-based Bank for International Settlement's Markets Committee. Williams' term will begin in January 2023 and run for three years, the BIS said Friday.

Reserve Bank of Australia Governor Philip Lowe was appointed to a second term as head of the Committee on the Global Financial System, while BOE Deputy Governor Jon Cunliffe saw his term as Chair of the Committee on Payments and Market Infrastructures (CPMI) extended.

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NY Fed President John Williams has been appointed Chair of the Basel-based Bank for International Settlement's Markets Committee. Williams' term will begin in January 2023 and run for three years, the BIS said Friday.

Reserve Bank of Australia Governor Philip Lowe was appointed to a second term as head of the Committee on the Global Financial System, while BOE Deputy Governor Jon Cunliffe saw his term as Chair of the Committee on Payments and Market Infrastructures (CPMI) extended.