Financial Stability Institute

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The Financial Stability Institute (FSI), is one of the bodies hosted by the Bank of International Settlements (BIS) at its headquarters in [Basel]. Established in 1999 by the BIS and the Basel Committee on Banking Supervision, its primary role is to improve the co-ordination between national Bank Regulators through holding seminars and acting as a clearing house for information on regulatory practice. It 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. Its current Chairman is John G. Heimann.

[edit] Publications

The FSI has released a total of 6 occasional papers[1], of which 2 have detailed the expectations of the various global regulators regarding Basel II implementation in their jurisdictions.