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The Bank for International Settlements (BIS) is an international financial institution which is owned by member central banks. [2] Its primary goal is to foster international monetary and financial cooperation while serving as a bank for central banks. [3] With its establishment in 1930 it is the oldest international financial institution.
There are regulatory measures to limit the risk of failure in a Large and Complex Financial Institution. All banks operate under the Basel Capital Accords, set up by the Bank for International Settlements, and their 'Risk' departments enforce "BIS 1" and "BIS 2" risk accounting regimes. These are complex sets of rules allowing the bank – and ...
The committee's Secretariat is located at the Bank for International Settlements (BIS) in Basel, Switzerland. The BIS hosts and supports a number of international institutions engaged in standard setting and financial stability, one of which is BCBS.
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Bank for International Settlements (21 P) I. Inter-American Development Bank (1 C, 7 P) W. World Bank (3 C, 92 P) Pages in category "Supranational banks"
Banca Italiana di Sconto, a defunct Italian bank; Bank for International Settlements, an international financial institution; Benevolent Irish Society, a Canadian philanthropic organization; Bezpečnostní informační služba, the Czech Security Information Service; BIS hallmark, a jewellery hallmarking in India
A Systemically Important Payment System (SIPS) is a payment systems whose failure could potentially endanger the operation of the whole economy. In general, these are the major payment clearing systems or real-time gross settlement systems of individual countries, but in the case of Europe, there are certain pan-European payment systems.
The Euro-Currency Standing Committee (ECSC) was established by a decision of the BIS Governors at their meeting of April 1971. [1]: 3 It adopted its current name in February 1999, as the word euro had taken a new meaning as the European single currency.