08071oam 2200673 a 450 991082244540332120240410144210.0979-84-00-61634-11-280-91368-197866109136880-313-00680-610.5040/9798400616341(CKB)111056486935686(OCoLC)70743309(CaPaEBR)ebrary10023106(SSID)ssj0000108737(PQKBManifestationID)11145240(PQKBTitleCode)TC0000108737(PQKBWorkID)10036796(PQKB)10080944(Au-PeEL)EBL3000799(CaPaEBR)ebr10023106(CaONFJC)MIL91368(OCoLC)55222743(MiAaPQ)EBC3000799(OCoLC)1435635299(DLC)BP9798400616341BC(EXLCZ)9911105648693568620010717e20022024 uy 0engurcn|||||||||txtccrThe Bank for International Settlements evolution and evaluation /James C. Baker1st ed.Westport, Conn. :Praeger,2002.London :Bloomsbury Publishing,20241 online resource (277 p.)Bibliographic Level Mode of Issuance: Monograph1-56720-518-6 Includes bibliographical references and index.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.International financeBanks and banking, CentralInternational finance.Banks and banking, Central.332.155Baker James Calvin1935-323683DLCDLCDLCBOOK9910822445403321The Bank for International Settlements4049792UNINA