Bank for International Settlements

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href="/web/20200729162207/https://www.bis.org/stability.htm"> <p>The BIS hosts nine international organisations engaged in standard setting and the pursuit of financial stability through the Basel Process.</p> <br/> <div class="arrowlink">Read more about BIS committees & associations<span class="icon icon-chevron-right arrowlink-arrow"></span></div> <br/><img src="/web/20200729162207im_/https://www.bis.org/img/menus/menu1-committees.jpg"/></a></div></div></div> <ul class="menu lvl2"> <li class=" lifirst"><a href="/web/20200729162207/https://www.bis.org/stability.htm?m=3%7C45"><div class="liblk"><div class="litxt">About committees and associations</div></div></a> </li> <li class="submenu"><a href="/web/20200729162207/https://www.bis.org/bcbs/index.htm?m=3%7C14"><div class="liblk"><div class="litxt">Basel Committee on Banking Supervision</div><div class="licaret"></div></div></a> <ul class="menu lvl3"> <li class=" lifirst"><a 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href="/web/20200729162207/https://www.bis.org/cpmi/about/overview.htm?m=3%7C16%7C691"><div class="liblk"><div class="litxt">Overview</div></div></a> </li> <li class="submenu"><a href="/web/20200729162207/https://www.bis.org/cpmi/about.htm?m=3%7C16%7C29"><div class="liblk"><div class="litxt">About the CPMI</div></div></a> <ul class="menu lvl4"> <li class="lifirst"><a href="/web/20200729162207/https://www.bis.org/cpmi/about.htm?m=3%7C16%7C29%7C79"><div class="liblk"><div class="litxt">Overview</div></div></a></li> <li class=""><a href="/web/20200729162207/https://www.bis.org/cpmi/charter.htm?m=3%7C16%7C29%7C63"><div class="liblk"><div class="litxt">Charter</div></div></a></li> <li class=""><a href="/web/20200729162207/https://www.bis.org/cpmi/membership.htm?m=3%7C16%7C29%7C64"><div class="liblk"><div class="litxt">Membership</div></div></a></li> <li class=""><a href="/web/20200729162207/https://www.bis.org/cpmi/gov_org.htm?m=3%7C16%7C29%7C65"><div class="liblk"><div 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class="menuintro" href="/web/20200729162207/https://www.bis.org/central_bank_hub_overview.htm">The BIS facilitates dialogue, collaboration and information-sharing among central banks and other authorities that are responsible for promoting financial stability.<br/><br/> <div class="arrowlink">Read more about our central bank hub<span class="icon icon-chevron-right arrowlink-arrow"></span></div> <br/><img src="/web/20200729162207im_/https://www.bis.org/img/menus/menu1-cbhub.jpg"/></a></div></div></div> <ul class="menu lvl2"> <li class=" lifirst"><a href="/web/20200729162207/https://www.bis.org/central_bank_hub_overview.htm?m=2%7C61"><div class="liblk"><div class="litxt">Overview</div></div></a> </li> <li class=""><a href="/web/20200729162207/https://www.bis.org/cbanks.htm?m=2%7C9"><div class="liblk"><div class="litxt">Central bank and monetary authority websites</div></div></a> </li> <li class=""><a href="/web/20200729162207/https://www.bis.org/cbspeeches/index.htm?m=2%7C10"><div 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id="hpintro" class="fullwidth-outer"> <div class="fullwidth-inner"> <div style="display:none; float:right; margin-top:0.5rem;" id="logout_link"><a title="Logout" href="/web/20200729162207/https://www.bis.org/dcms/login?logout=true"><span id="logout_icon" class="icon icon-sign-out"></span><span id="logout_word">Logout</span></a></div> <div id="introblk"> <h1 id="introtitle">Welcome to the Bank for International Settlements</h1> <div id="intromotto">Promoting global monetary and financial stability through international cooperation</div> </div> </div> </div> <div id="hphighlights" class="fullwidth-outer"> <div class="fullwidth-inner"> <div id="datacontroller-highlights" data-dc_data="homepage_highlightboxes_redesign.table" data-dc_html="homepage_highlights_redesign.html"></div> </div> </div> <div id="hp-whatsnew" class="fullwidth-outer"> <div class="fullwidth-inner"> <div id="hp-whatsnew-inner" class="defaultstyles overridedefault"> <div class="titleline"> <h2 class="titleline-title">What's new at BIS</h2> <div class="titleline-line"></div> </div> <div class="columndivide cd-2equal cd-spacing30 cd-hasheaders"> <div id="hpspeechtabs" data-bisobj="tabgroup" class="cd-cell cd-hasheader cd-hasfooter" style="background-color:white; border:1px solid #dbdbdb;"> <div class="cd-header"><h3>Speeches from</h3></div> <ul id="hpspeechtabs_tabs" class="bisobjtabgroup_tabs"> <li data-tabname="Central%20bankers"> <div class="tab"> <a href="?hpspeechtabs=Central%20bankers"> <div class="textbox"> <div class="text">Central bankers</div> </div> </a> </div> </li> <li data-tabname="BIS%20management"> <div class="tab"> <a href="?hpspeechtabs=BIS%20management"> <div class="textbox"> <div class="text">BIS management</div> </div> </a> </div> </li> <li class="hpspeechtabs_extraspc"></li> </ul> <div id="hpspeechtabs_data" class="bisobjtabgroup_data"> <div class="bisobjtab nav_on" data-tabname="Central%20bankers"> <div id="hp_dc_centralspeeches" class="publlist" data-dc_data="homepage_speeches_cbspeeches.table" data-dc_loop="true"> <ul> <li class="singlelink"><a href="%{link}">%{title}</a><br/><span class="date">%{date}%{by? | :}%{by}</span></li> </ul> </div> <div class="cd-footer arrowlink" style="position:absolute; bottom:15px;"><a href="/web/20200729162207/https://www.bis.org/cbspeeches/index.htm">See all central bankers' speeches</a><span class="icon icon-chevron-right arrowlink-arrow"></span></div> </div> <div class="bisobjtab" data-tabname="BIS%20management"> <div id="hp_dc_bisspeeches" class="publlist" data-dc_data="homepage_speeches_bisspeeches.table" data-dc_loop="true"> <ul> <li class="singlelink"><a href="%{link}">%{title}</a><br/><span class="date">%{date}%{by? | :}%{by} | %{event}</span></li> </ul> </div> <div class="cd-footer arrowlink" style="position:absolute; bottom:15px;"><a href="/web/20200729162207/https://www.bis.org/mgmtspeeches/index.htm">See all BIS management speeches</a><span class="icon icon-chevron-right 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