Bank for International Settlement

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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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Young, Owen D.

References in periodicals archive ?

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.

Recent developments in wholesale payments systems

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.

BIS birthday blues: uneasy times as the Bank for International Settlements turns 75

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).

Singapore central bank official named to top post at Bank for International Settlements

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.

Two favourites emerge to head 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.

Pending cases involving the Board of Governors. (Legal Developments)

TIE contributing editor Klaus Engelen interviews Andrew Crockett, General Manager, Bank for International Settlements.

Running The Bank Of Central Banks

Banka Slovenije governor BoStjan Jazbec has become a member of the Central Bank Governance Group of Bank for International Settlements (BIS).

BIS names new member

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.

BOJ chief says current exchange rate 'not so bad'

In partial contrast, Robert McCauley of the Bank for International Settlements put forward the notion of "balanced benign neglect.

Benign Neglect

Bank for International Settlements, the coordinating body for the world's most powerful central banks, has announced that it has hired a new chairman.

BIS selects new chairman

6% from the end of September, the Bank for International Settlements (BIS) said in a report Tuesday.