Bank for International Settlements
|Bank for International Settlements|
|Products||International organization that fosters the cooperation of central banks and international financial institutions|
The Bank for International Settlements (BIS)  is an international organization fostering the cooperation of central banks and international financial institutions. Established in 1930, it is the world's oldest international financial organization. It is headquartered in Basel, Switzerland, and has two representative offices: one in the Hong Kong Special Administrative Region of the People's Republic of China and one in Mexico City. It serves as a central bank for other central banks.
The BIS in May of 2017 released the final version of its code of conduct for the global foreign-exchange market. The code was designed to improve transparency and fairness in ethics, governance, execution, information sharing, compliance and trade settlement in FX trading in response to investigations into fraud committed by FX traders at a number of major banks.
- Jens Weidmann, Frankfurt am Main, Chairman of the Board
- Agustín Carstens, General Manager
- Luiz Awazu Pereira da Silva, Deputy General Manager
- Monica Ellis, Secretary General and Head of General Secretariat
Established in 1930, the BIS is owned by 60 central banks, representing countries from around the world that together account for about 95 percent of world GDP. Its head office is in Basel, Switzerland and it has two representative offices, one in Hong Kong SAR and one in Mexico City.
- 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
Given its connection between central banks and financial institutions globally, BIS statistics provide a thorough overview - and drilldown - into a number of areas of particular interest to financial institutions globally. These include data on:
- Cross-border lending and borrowing of internationally active banks in key financial centers, including offshore centers (banking statistics) Locational banking statistics
- Issuing activity in international and domestic securities markets (securities statistics) Securities statistics and syndicated loans
- Operations in over-the-counter (OTC) and exchange-traded derivatives markets (derivatives statistics)Semiannual OTC derivatives statistics
- Effective exchange rate (EER) indices for 52 economies (effective exchange rates) BIS Effective Exchange Rate indices
- Operations in the global foreign exchange markets (foreign exchange statistics) Triennial Central Bank Survey of Foreign Exchange and Derivatives Market Activity in 2010 – Final results
- External debt positions of individual countries based on BIS banking and securities statistics, as well as on data from other international organizations (external debt statistics) Joint BIS-IMF-OECD-World Bank statistics on external debt
- Payment and settlement systems in major financial centers (payment statistics) Payment Systems
- The International Association of Insurance Supervisors, which operates from the BIS, publishes data on the global reinsurance market.
Central Bank Web Sites
Not surprisingly, BIS lists Web sites for all Central Banks.
- "Bank for International Settlements”. BIS.
- About the BIS. BIS.
- BIS Releases New Set of Standards for Currency Trading. The Wall Street Journal.
- About. Bank for International Settlements.