BANK FOR INTERNATIONAL

SETTLEMENT

Presented to: Presented by:

Dr. Y. C. Joshi Swapnil Macwan(17M82)
Shilpa Sharma(17H78)
Siddharth Vyas(17F81)
Shubham Raval(17F80)
INTRODUCTION

 The Bank for International

Settlements (BIS) was established
in 1930 in Basel, Switzerland.
 The head office is in Basel,
Switzerland and there are two
representative offices: in the Hong
Kong Special Administrative
Region of the People's Republic of
China and in Mexico City.
BIS main building in
Basel, Switzerland
CONT…
 It is an international organization, created
pursuant to an international treaty (The Hague
Agreements of 1930).
 Its shareholding members are central banks and
monetary authorities.
 The BIS has 60 member central banks,
representing countries from around the world
that together make up about 95% of world GDP.
 Mission:

To serve central banks in their pursuit of monetary and

financial stability, to foster international cooperation in those
areas and to act as a bank for central banks.
Monetary and financial stability is a precondition for
sustained economic growth and prosperity.

Reflecting the public good character of this goal, the BIS also
makes part of its work available free of charge to the wider
public, including:
 its own analyses of monetary and financial stability
issues;
 international banking and financial statistics that
underpin policymaking, academic research and public
debate.

The customers of the BIS are central banks and international

organisations. As a bank, the BIS does not accept deposits from, or
provide financial services to, private individuals or corporate
entities.
 Organization and governance

Monetary
and Banking General
Economic Department Secretariat
Department
 Monetary and Economic Department:

Undertakes research and analysis to shape the understanding of policy issues

concerning central banks, provides committee support and organises key
meetings of senior central bankers and other officials in charge of financial
stability. In addition, the department collects, analyses and disseminates
statistical information on the international financial system.

Banking Department:

Provides a range of financial services to support central banks in the

management of their foreign exchange and gold reserves and invests the
equity of the BIS.

General Secretariat:

Provides the entire organisation with comprehensive corporate services,

including human resources,
facilities management, security, finance, communications and IT.
GOVERNANCE OF BIS
 The governance and management of the Bank
are conducted at three principal levels

General Meeting of BIS member central banks;

BIS Board of Directors; and

BIS Management
BOARD OF DIRECTORS
 The Board of Directors may have up to 21
members, including six ex-officio directors,
comprising the central bank Governors of
Belgium, France, Germany, Italy, the United
Kingdom and the United States. Each ex officio
member may appoint another member of the
same nationality. Nine Governors of other
member central banks may be elected to the
Board.
 The Board of Directors elects a Chairman from
among its members for a three-year term and
may elect a Vice-Chairman.
 MANAGEMENT OF THE BIS
General Manager Jaime Caruana
Deputy General Manager Hervé Hannoun
Secretary General and Head of General Peter Dittus
Secretariat
Head of Banking Department Peter Zöllner
Head of Monetary and Economic Claudio Borio
Department
Economic Adviser and Head of Research Hyun Song Shin
General Counsel Diego Devos
Deputy Head of Monetary and Economic Philip Turner
Department
Deputy Secretary General Monica Ellis
Deputy Head of Banking Department Jean-François Rigaudy
Chairman, Financial Stability Institute Josef Tošovský
THE KEY COMMITTEES:

The Executive
Committee

The Finance Committee

The Compliance and

Operational Risk
Committee
ANNUAL GENERAL MEETING
 The Annual General Meeting (AGM) is held no
later than four months after 31,March, the end of
the BIS financial year. The AGM decides the
distribution of the dividend and profit of the BIS,
approves the annual report and the accounts of
the Bank, makes adjustments in the allowances
paid to Board members and selects the Bank's
independent auditor.
 Extraordinary General Meetings must be called
in order to amend the Statutes of the Bank,
change its equity capital or liquidate the Bank.
BIS ACTIVITIES
 The BIS promotes international cooperation
among monetary authorities and financial
supervisory officials through its meeting
programmes and through hosting international
committees and standard-setting bodies and
facilitating their interaction in an efficient and
cost-effective way.
 The BIS research and statistics functions help
meet the needs of monetary and supervisory
authorities for data and policy insight.
BIS MEETINGS
Bimonthly meetings
At bimonthly meetings, normally held in Basel, Governors
and other senior officials of BIS member central banks
discuss current developments and the outlook for the
world economy and financial markets. They also exchange
views and experiences on issues of special and topical
interest to central banks.
Other regular consultations
In addition to the bimonthly meetings, the Bank hosts other
regular consultations that variously include public and
private sector representatives. The main result of these
meetings is an improved understanding by participants of
the developments, challenges and policies affecting
various countries or markets. An atmosphere of openness,
frankness and informality amongst participants is critical
to the success of BIS meetings.
REPRESENTATIVE OFFICE
 These Representative Offices serve as centres for
BIS activities in their respective regions,
strengthening relations and promoting
cooperation between the BIS and regional central
banks and supervisory authorities.
 The offices also support BIS banking services in
the Asia-Pacific region and the Americas, and
provide assistance through regular visits to
reserve managers of central banks.
THANK YOU