Bank for International Settlements

From MarketsReformWiki
(Redirected from BIS)
Jump to: navigation, search
DTCC logo large.gif


The Bank for International Settlements (BIS) is an international organization, established in 1930, that fosters the cooperation of central banks and international financial institutions. While headquartered in Basel, Switzerland, the BIS has two representative offices in the Hong Kong and Mexico City. The BIS assists central banks and other official monetary institutions in the management of their foreign exchange and gold reserves.[1] It is also the world's oldest international financial organization. [2]

The General Meeting of member central banks is the main decision-making body within the Bank. The BIS currently has 60 member central banks, all of which are entitled to be represented and vote in the General Meetings. Voting power is proportionate to the number of BIS shares issued in the country of each member represented at the meeting. For more information, go to the BIS MarketsWiki page.

BIS Mandate

  • A forum to promote discussion and policy analysis among central banks and within the international financial community
  • A center for economic and monetary research
  • A prime counterparty for central banks in their financial transactions
  • An agent or trustee in connection with international financial operations

BIS Statistics

With its integration in the financial industry, the BIS is able to publish data on a multitude of financial topics including:

References

  1. [1]. Bank for International Settlements. Retrieved on June 5, 2012.
  2. BIS Home. bis.org. Retrieved on June 5, 2012.

MarketsReformWiki Sponsors

McGladrey ADM Investor Services DTCC Fidessa