Global Economy Meeting and Service level agreement: Difference between pages

From ACT Wiki
(Difference between pages)
Jump to navigationJump to search
imported>Doug Williamson
m (Standardise date format to d mmmm yyyy.)
 
imported>Doug Williamson
(Punctuation.)
 
Line 1: Line 1:
The Global Economy Meeting (GEM) is the principal discussion forum of central bank Governors during the regular [[Bank for International Settlements]] (BIS) bimonthly meetings.
(SLA).  


The committee monitors and assesses developments in the world economy and the global financial system. It provides a forum for discussion and cooperation and central banks. It guides and receives reports from the Basel-based central bank committees: the [[Committee on the Global Financial System]] (CGFS), [[Committee on Payments and Market Infrastructures]] (CPMI) (called the Committee on Payment and Settlement Systems (CPSS) up to 1 September 2014) and the [[Markets Committee]].  
#An SLA formalises the relationship between a bank's customer and its bank, by covering the minimum standards of service expected by the customer - including key performance indicators (KPIs) - and agreed to by the bank.
#SLAs are also used between one bank and another. For example, where a bank provides services to its own customers indirectly, through a correspondent bank.
#More generally, any similar agreement between a customer and a service provider.


The GEM comprises the Governors of 30 BIS member central banks in major advanced and emerging market economies that account for about four fifths of global GDP and meetings are observed by Governors from several other central banks.
 
== See also ==
* [[Alliance bank]]
* [[Correspondent banking]]
* [[Key performance indicator]]
* [[Report card]]
* [[SLA partner banking]]
 
[[Category:Compliance_and_audit]]

Revision as of 12:34, 5 April 2016

(SLA).

  1. An SLA formalises the relationship between a bank's customer and its bank, by covering the minimum standards of service expected by the customer - including key performance indicators (KPIs) - and agreed to by the bank.
  2. SLAs are also used between one bank and another. For example, where a bank provides services to its own customers indirectly, through a correspondent bank.
  3. More generally, any similar agreement between a customer and a service provider.


See also