Bank for International Settlements: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Corrected error) |
imported>Doug Williamson (Expand. Source: BIS webpage https://www.bis.org/about/comsecr.htm?m=3%7C18) |
||
| Line 9: | Line 9: | ||
It has 60 central banks as its members. | It has 60 central banks as its members. | ||
The BIS hosts the: | |||
*Basel Committee on Banking Supervision; | |||
*Financial Stability Board; | |||
*International Association of Insurance Supervisors; and | |||
*International Association of Deposit Insurers. | |||
| Line 18: | Line 25: | ||
* [[Central bank]] | * [[Central bank]] | ||
* [[European Central Bank]] | * [[European Central Bank]] | ||
* [[Financial Stability Board]] | |||
* [[International Association of Insurance Supervisors]] | |||
* [[International Association of Deposit Insurers]] | |||
* [[Markets Committee]] | * [[Markets Committee]] | ||
Revision as of 16:50, 28 October 2016
(BIS).
An international organisation fostering international monetary and financial cooperation, the Bank serves as a bank for central banks and also hosts a number of international organisations.
Customers are exclusively central banks and international organisations.
It was established by agreement between the parties (plus Switzerland) to arrangements after World War I for payment of reparations by Germany to the principal allied victors. Its mandate and membership was extended and it is now a principal hub of cooperation between central banks and non-central-bank bank supervisors generally.
It has 60 central banks as its members.
The BIS hosts the:
- Basel Committee on Banking Supervision;
- Financial Stability Board;
- International Association of Insurance Supervisors; and
- International Association of Deposit Insurers.
