The Financial Stability Institute (FSI) is one of the bodies hosted by the Bank of International Settlements (BIS) at its headquarters in Basel, Switzerland. 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.
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. As a result, its work is concentrated in the regulators of the non-G-10 nations.[1]
The FSI has released 11 occasional papers,[4] of which two have detailed the expectations of the various global regulators regarding Basel II implementation in their jurisdictions.
^"Press release: BIS appoints new Chairman of the Financial Stability Institute". bis.org. 31 October 2000. Retrieved 21 May 2016.
^"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.
^"Financial Stability Institute (FSI) publications". bis.org. Retrieved 21 May 2016.
External linksedit
Official website
Income Insider
February 13, 2024
financial, stability, institute, bodies, hosted, bank, international, settlements, headquarters, basel, switzerland, established, 1999, basel, committee, banking, supervision, primary, role, improve, ordination, between, national, banks, regulators, through, h. The Financial Stability Institute FSI is one of the bodies hosted by the Bank of International Settlements BIS at its headquarters in Basel Switzerland 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 Contents 1 Overview 2 List of chairmans 3 Publications 4 See also 5 References 6 External linksOverview editThe 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 As a result its work is concentrated in the regulators of the non G 10 nations 1 List of chairmans editJosef Tosovsky 1 December 2000 31 December 2016 2 Fernando Restoy 1 January 2017 present 3 Publications editThe FSI has released 11 occasional papers 4 of which two have detailed the expectations of the various global regulators regarding Basel II implementation in their jurisdictions See also editFund governanceReferences edit A speech John G Heimann on the role of the FSI Press release BIS appoints new Chairman of the Financial Stability Institute bis org 31 October 2000 Retrieved 21 May 2016 Fernando Restoy appointed Chair of the Financial Stability Institute of the Bank for International Settlements PDF bde es Banco de Espana 29 July 2016 Retrieved 29 July 2016 Financial Stability Institute FSI publications bis org Retrieved 21 May 2016 External links editOfficial website Income Insider Retrieved from https en wikipedia org w index php title Financial Stability Institute amp oldid 1195745057, wikipedia, wiki, book, books, library,
