The BIS logging service is disabled by default. It is only enabled if you set the BIS_LOG system-wide environment variable. The values for BIS_LOG are:
The directory must be an absolute path or network path. If the specified directory does not exist, BIS attempts to create it. Note that the containing directory must exist.
The BIS_LOG variable is only examined when the BIS application pool is started or recycled. Be sure to restart IIS after changing this variable so it takes effect.