Financial Stability Institute

The Financial Stability Institute (FSI) is one of the bodies hosted by the Bank of International Settlements (BIS) at its headquarters in Basel, Switzerland.

Financial Stability Institute

Abbreviation	FSI
Formation	1999; 26 years ago (1999)
Founder	Bank of International Settlements and Basel Committee on Banking Supervision
Founded at	Basel, Switzerland
Purpose	Co-ordination between national banks and financial regulators
Location	Basel, Switzerland
Region served	Worldwide
Products	Co-ordination between national financial regulators, Publishing papers on the financial system
Parent organization	Bank of International Settlements
Website	www.bis.org/fsi

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.^[1] As a result, its work is concentrated in the regulators of the non-G-10 nations.^[2]

Chairmans

• Josef Tosovský, 1 December 2000 – 31 December 2016.^[3]
• Fernando Restoy, 1 January 2017– present.^[4]

Publications

The FSI has released 11 occasional papers,^[5] of which two have detailed the expectations of the various global regulators regarding Basel II implementation in their jurisdictions.

See also

• Fund governance
• Financial crisis
• Financial Stability Board
• Macroprudential regulation
• Systemic risk