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.
West's Encyclopedia of American Law, edition 2. Copyright 2008 The Gale Group, Inc. All rights reserved.