What is the BIS?

Bank of International Settlements

The Bank of International Settlements (or BIS) is an international financial institution which is owned by member central banks. Its stated goal is to "foster international monetary and financial cooperation while serving as a bank for central banks". Find out more here: https://www.bis.org/index.htm. The BIS is akin to a Central Bank of Central Banks β€” it sets the Basel Accord, standardised banking regulation followed by 100 nations worldwide.

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