Financial Stability Institute
{{Infobox organization
| name = Financial Stability Institute
| full_name =
| abbreviation = FSI
| formation = {{start date and age|1999}}
| founder = Bank of International Settlements and Basel Committee on Banking Supervision
| founding_location = Basel, Switzerland
| type =
| status =
| purpose = Co-ordination between national banks and financial regulators
| location_city = Basel
| location_country = Switzerland
| coordinates =
| region_served = Worldwide
| products = Co-ordination between national financial regulators, Publishing papers on the financial system
| services =
| leader_title =
| leader_name =
| parent_organization = Bank of International Settlements
| staff =
| staff_year =
| website = {{URL|http://www.bis.org/fsi}}
}}
The Financial Stability Institute (FSI) is one of the bodies hosted by the Bank of International Settlements (BIS) at its headquarters in Basel, Switzerland.
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.{{Cite web |title=Market Analysis, Trade Execution and Risk Management |url=https://forexrova.com/ |access-date=2024-06-22 |language=en}} As a result, its work is concentrated in the regulators of the non-G-10 nations.{{Cite web |url= http://www.bos.frb.org/economic/conf/conf44/cf44_11.pdf |title= A speech John G. Heimann on the role of the FSI |access-date= 2006-10-28 |archive-date= 2012-10-19 |archive-url= https://web.archive.org/web/20121019034217/http://www.bos.frb.org/economic/conf/conf44/cf44_11.pdf |url-status= dead}}
Chairmans
- Josef Tosovský, 1 December 2000 – 31 December 2016.{{cite web |url=http://www.bis.org/press/p001031.htm |title=Press release: BIS appoints new Chairman of the Financial Stability Institute |work=bis.org |date=31 October 2000 |accessdate=21 May 2016}}
- Fernando Restoy, 1 January 2017– present.{{cite web |title=Fernando Restoy appointed Chair of the Financial Stability Institute of the Bank for International Settlements |url=http://www.bde.es/f/webbde/GAP/Secciones/SalaPrensa/NotasInformativas/16/Arc/Fic/presbe2016_36en.pdf |website=bde.es |publisher=Banco de España |accessdate=29 July 2016 |date=29 July 2016}}
Publications
The FSI has released 11 occasional papers,{{cite web |url=http://www.bis.org/fsi/fsipapers.htm |title=Financial Stability Institute (FSI) publications |work=bis.org |accessdate=21 May 2016}} of which two have detailed the expectations of the various global regulators regarding Basel II implementation in their jurisdictions.