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Financial Stability Institute

From Wikipedia, the free encyclopedia
Financial Stability Institute
AbbreviationFSI
Formation1999; 25 years ago (1999)
FounderBank of International Settlements and Basel Committee on Banking Supervision
Founded atBasel, Switzerland
PurposeCo-ordination between national banks and financial regulators
Location
Region served
Worldwide
ProductsCo-ordination between national financial regulators, Publishing papers on the financial system
Parent organization
Bank of International Settlements
Websitewww.bis.org/fsi

The Financial Stability Institute (FSI) is one of the bodies hosted by the Bank of International Settlements (BIS) at its headquarters in Basel, Switzerland.

Purpose

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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.

History

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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.[1] As a result, its work is concentrated in the regulators of the non-G-10 nations.[2]

Chairmans

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Publications

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The FSI has released 11 occasional papers,[5] of which two have detailed the expectations of the various global regulators regarding Basel II implementation in their jurisdictions.

See also

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References

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  1. ^ "Market Analysis, Trade Execution and Risk Management". Retrieved 2024-06-22.
  2. ^ "A speech John G. Heimann on the role of the FSI" (PDF). Archived from the original (PDF) on 2012-10-19. Retrieved 2006-10-28.
  3. ^ "Press release: BIS appoints new Chairman of the Financial Stability Institute". bis.org. 31 October 2000. Retrieved 21 May 2016.
  4. ^ "Fernando Restoy appointed Chair of the Financial Stability Institute of the Bank for International Settlements" (PDF). bde.es. Banco de España. 29 July 2016. Retrieved 29 July 2016.
  5. ^ "Financial Stability Institute (FSI) publications". bis.org. Retrieved 21 May 2016.