Organization:Financial Stability Institute
The Financial Stability Institute (FSI) is one of the bodies hosted by the Bank of International Settlements (BIS) at its headquarters in Basel, Switzerland . Established in 1999 by the BIS and the Basel Committee on Banking Supervision, its primary role is to improve the co-ordination between national banks regulators through holding seminars and acting as a clearing house for information on regulatory practice.
Overview
The FSI was set up in response to the East Asian financial crisis of 1997, as the result of a perceived weakness in co-ordination between national regulators in matters of training and general understanding of financial systems. As a result, its work is concentrated in the regulators of the non-G-10 nations.[1]
List of chairmans
Publications
The FSI has released 11 occasional papers,[4] of which two have detailed the expectations of the various global regulators regarding Basel II implementation in their jurisdictions.
See also
References
- ↑ A speech John G. Heimann on the role of the FSI
- ↑ "Press release: BIS appoints new Chairman of the Financial Stability Institute". bis.org. 31 October 2000. http://www.bis.org/press/p001031.htm. Retrieved 21 May 2016.
- ↑ "Fernando Restoy appointed Chair of the Financial Stability Institute of the Bank for International Settlements". Banco de España. 29 July 2016. http://www.bde.es/f/webbde/GAP/Secciones/SalaPrensa/NotasInformativas/16/Arc/Fic/presbe2016_36en.pdf. Retrieved 29 July 2016.
- ↑ "Financial Stability Institute (FSI) publications". bis.org. http://www.bis.org/fsi/fsipapers.htm. Retrieved 21 May 2016.
External links
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