Bank for International Settlements: Difference between revisions
imported>Doug Williamson (Update. Source BIS http://www.bis.org/about/orggov.htm?m=1%7C2) |
imported>Doug Williamson (Add link to FX Global Code.) |
||
| Line 29: | Line 29: | ||
* [[European Central Bank]] | * [[European Central Bank]] | ||
* [[Financial Stability Board]] | * [[Financial Stability Board]] | ||
* [[FX Global Code]] | |||
* [[IAIS]] | * [[IAIS]] | ||
* [[International Association of Deposit Insurers]] | * [[International Association of Deposit Insurers]] | ||
* [[Markets Committee]] | * [[Markets Committee]] | ||
Revision as of 14:48, 8 February 2017
(BIS).
An international organisation fostering international monetary and financial cooperation, the BIS serves as a bank for central banks and also hosts a number of international organisations.
Customers are exclusively central banks and international organisations.
The BIS 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.
The BIS has 60 central banks as its members.
The BIS hosts a number of other bodies including the:
- Basel Committee on Banking Supervision;
- Financial Stability Board;
- International Association of Insurance Supervisors (IAIS); and
- International Association of Deposit Insurers.
The BIS is headquartered in Basel, Switzerland.
