The Bank for International Settlements : evolution and evaluation / / James C. Baker

• Record Nr.: UNINA9910822445403321
• Autore: Baker James Calvin <1935->
• Pubbl/distr/stampa: Westport, Conn. : , : Praeger, , 2002; London : , : Bloomsbury Publishing, , 2024
• ISBN: 979-84-00-61634-1; 1-280-91368-1; 9786610913688; 0-313-00680-6
• Edizione: [1st ed.]
• Descrizione fisica: 1 online resource (277 p.)
• Disciplina: 332.155
• Soggetti: International finance; Banks and banking, Central
• Lingua di pubblicazione: Inglese
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Note generali: Bibliographic Level Mode of Issuance: Monograph
• Nota di bibliografia: Includes bibliographical references and index.
• Nota di contenuto: Cover -- The Bank for International Settlements -- Contents -- Illustrations -- FIGURES -- TABLES -- Preface -- Acknowledgments -- Acronyms -- CHAPTER 1 Introduction to the Bank for International Settlements -- INTRODUCTION -- Historical Evolution of the BIS -- Reparations and the Young Plan -- Original Membership, Directors, and Ownership -- The U.S. Federal Reserve System and the BIS -- Original Objectives -- BIS Functions Since 1930 -- ADMINISTRATION AND FINANCIAL DATA -- Administration -- Financial Data -- SUMMARY AND CONCLUSIONS -- NOTES -- CHAPTER 2 Changes in BIS Organization, Administration, and Financing -- INTRODUCTION -- BIS Objectives -- ADDITION OF CENTRAL BANK MEMBERS -- Addition of New Central Bank Members -- U.S. FEDERAL RESERVE MEMBERSHIP -- BIS CONNECTION TO THE GROUP OF 10 -- ADMINISTRATIVE STRUCTURE OF THE BIS -- Shareownership in the BIS -- BIS Board of Directors -- FINANCIAL OPERATIONS OF THE BIS -- Day-to-Day Operations -- INCREASE IN BIS RESEARCH STUDIES -- SUMMARY AND CONCLUSIONS -- NOTES -- CHAPTER 3 BIS Committees and Research -- THE BIS AS A FORUM FOR INTERNATIONAL MONETARY AND ; FINANCIAL COOPERATION -- Introduction to BIS Committees and Other Forums -- Relations with the Insurance Industry -- Relations with the Securities Industry -- BIS Cooperative Efforts with Central Banks -- Joint Vienna Institute -- Other BIS Meetings -- Centre for Monetary and Economic Research -- SUMMARY AND CONCLUSIONS -- NOTES -- CHAPTER 4 The BIS and Bank Supervision -- INTRODUCTION -- Significant Bank Failures -- THE BASLE COMMITTEE -- Problems with the 1975 Concordat -- Banco Ambrosiano -- Basle Concordat of 1983 -- Recent Developments -- Minimum Standards -- SUMMARY AND CONCLUSIONS -- NOTES -- CHAPTER 5 The Basle Accord on Capital Adequacy -- INTRODUCTION -- THE BASLE ACCORD OF 1988 -- Guidelines.; Current Developments and Evaluation of the Basle Accord -- PROPOSED CHANGES TO THE BASLE ACCORD -- Basle Accord Problems -- THE REVISED BASLE ACCORD -- Objectives of the New Accord -- Pillar I -- Pillar II -- Pillar III -- Criticisms of the New Accord -- European Union Capital Adequacy Rules -- SUMMARY AND CONCLUSIONS -- NOTES -- CHAPTER 6 The Bank for International Settlements and Derivatives -- INTRODUCTION -- Exchange-Traded Derivatives -- The Over-the-Counter Market -- Benefits of Exotic Options -- Derivatives Market Activity -- The Crisis in Derivatives -- THE BIS AND THE DERIVATIVES CONCERN -- BIS Reports on Derivatives -- Accounting Implications -- In-house Models by the Business World -- The G30 Response -- The Industry Response -- SUMMARY AND CONCLUSIONS -- NOTES -- CHAPTER 7 Payment and Settlement Systems and the Bank for International Settlements -- INTRODUCTION -- Major Payment Systems -- Role of Central Banks in Payment Systems -- Banks' Role in Payment Systems -- THE BIS AND PAYMENT AND SETTLEMENT SYSTEMS -- BIS Studies on Payment and Settlement Systems -- THE COMMITTEE ON PAYMENT AND SETTLEMENT SYSTEMS -- Improvements in Foreign Exchange, Derivatives, and Securities Trading -- Core Principles for Payment Systems -- Recent Work of the CPSS -- SUMMARY AND CONCLUSIONS -- NOTES -- CHAPTER 8 The Bank for International Settlements and Its Relations with Central Banks -- INTRODUCTION -- BIS FUNCTIONS WITH CENTRAL BANKS -- Deposits and Loans -- Investment Services -- Gold Operations -- Shareholder Central Banks -- THE BIS AS A FORUM FOR CENTRAL BANKS -- Regular Consultations with Central Banks7 -- Information Gathering and Analysis -- Cooperative Efforts with LDCs -- PERMANENT COMMITTEES -- Committee on Banking Supervision -- Committee on Payment and Settlement Systems -- COOPERATION WITH REGIONAL CENTRAL BANKS -- Asian Consultative Council.; TECHNICAL ASSISTANCE -- CONFIDENTIALITY OF BIS OPERATIONS -- THE BIS AND THE FED -- The Fed and the G10 -- SUMMARY AND CONCLUSIONS -- NOTES -- CHAPTER 9 The Bank for International Settlements and Other International Financial Institutions -- INTRODUCTION -- THE INTERNATIONAL MONETARY FUND AND THE WORLD BANK -- The BIS and the IMF -- The BIS and the World Bank -- Currency Crises -- The Basle Capital Accord and the IMF -- Financial Stability Forum -- THE BIS AND THE EUROPEAN CENTRAL BANK -- JOINT VIENNA INSTITUTE -- Other Relationships -- SUMMARY AND CONCLUSIONS -- NOTES -- CHAPTER 10 The Bank for International Settlements and Insurance Supervisors -- INTRODUCTION -- Regulatory and Supervisory Problems in the Insurance Industry -- Major International Supervisory Organizations -- Other Supervisory Agencies -- INTERNATIONAL ASSOCIATION OF INSURANCE SUPERVISORS -- Establishment and Operations -- BIS and the IAIS -- Joint Year 2000 Council -- IAIS Training Programs -- SUMMARY AND CONCLUSIONS -- ; NOTES -- CHAPTER 11 Research and Miscellaneous Activities -- INTRODUCTION -- Monetary and Economic Research -- Quarterly Review -- Annual Report -- Other Reports and Data Gathering -- THE Y2K PROBLEM -- The BIS and Y2K -- OTHER BIS ACTIVITIES -- Miscellaneous Meetings and Activities -- SUMMARY AND CONCLUSIONS -- NOTES -- CHAPTER 12 Nazi Gold, the Bank for International Settlements, and Central Banks -- INTRODUCTION -- EUROPEAN CENTRAL BANKS AND THE NAZI REGIME -- Swiss Banking Crisis -- Swedish Central Banks -- Other Neutrals' Activities6 -- BIS GOLD OPERATIONS DURING WORLD WAR II -- After the War -- The Tripartite Gold Commission -- Disclosure Decree -- Further Developments -- How Nazis Laundered Gold -- Why Restitution Took So Long -- The Postwar German Contribution -- SUMMARY AND CONCLUSIONS -- NOTES -- CHAPTER 13 Evaluation and Conclusions -- INTRODUCTION.; The 1970s -- The 1980s -- The 1990s -- EVALUATION OF THE BIS 1970-2000 -- THE SORDID PAST -- A BIS AGENDA FOR THE FUTURE -- Illegal Money Laundering -- The Hedge Fund/Reinsurance Problem -- Other Insurance Regulatory Issues -- Transparency in Financial and Banking Transactions -- CONCLUSIONS -- Criticism -- The Praise -- The Future -- NOTES -- Appendix I Balance Sheet: Bank for International Settlements -- Appendix II Profit and Loss Account: Bank for International Settlements -- Selected Bibliography -- WEB SITES USED -- Index.