Bank for International Settlement

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Related to Bank for International Settlements: International Monetary Fund, World Bank

Bank for International Settlement

The Bank for International Settlement was established under the law of Switzerland. It also has legal capacity pursuant to the municipal law of each of its member states, but it lacks international legal capacity. It was denied a specific international personality. The bank is, therefore, solely in the control of its members.

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After clearing interbank payment obligations denominated in ECU (the European Currency Unit, a fixed basket of European currencies) on a multilateral net basis, final settlement takes place in accounts at the Bank for International Settlements (BIS) in Basle, Switzerland.
The Bank for International Settlements was established in 1930 by western governments to administer reparations payments required from Germany under the Treaty of Versailles following the First World War.
An official with the Monetary Authority of Singapore (MAS) has been named as the next chair of the markets committee of the Switzerland-based Bank for International Settlements (BIS).
A top official of the European Central Bank and the head of Mexico's central bank are the favourites for the post of the head of the Bank for International Settlements.
Action seeking damages in connection with gold market activities and the repurchase by the Bank for International Settlements of its privately-owned shares.
TIE contributing editor Klaus Engelen interviews Andrew Crockett, General Manager, Bank for International Settlements.
Banka Slovenije governor BoStjan Jazbec has become a member of the Central Bank Governance Group of Bank for International Settlements (BIS).
The exchange rate is not so bad,'' Fukui told reporters in Basel, Switzerland where he was attending a meeting of central bank governors at the Bank for International Settlements.
In partial contrast, Robert McCauley of the Bank for International Settlements put forward the notion of "balanced benign neglect.
OpenLink's global client base includes 70+ clients such as Banco de Mexico, Bank of America, Bank for International Settlements, Bank of Canada, Bank of Scotland Treasury PLC, Citigroup Global Market, Inc.
Bank for International Settlements, the coordinating body for the world's most powerful central banks, has announced that it has hired a new chairman.
6% from the end of September, the Bank for International Settlements (BIS) said in a report Tuesday.