Financial Stability Institute


The Financial Stability Institute is one of the bodies hosted by the Bank of International Settlements at its headquarters in Basel, Switzerland.
WWW Official Site

Purpose

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

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.

Chairmans

Publications

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