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ICARD, André

Les banques centrales, la Banque des règlements internationaux et la stabilité financière - Paris : IIAP, oct./déc. 1999

One of the roles of central banks is to watch over financial stability. At the level of central banks there exists a series of bodies regulating stability, including the Bank of International Settlements, which groups together representatives of the central banks of the G10 contrie plus those of the Swiss central bank. Three committees are charged respectively with watching over the stability of banking institutions, the development of international capital markets and the systematic risks associated with international financial transactions. Moreover, and following the Asian crisis, the Forum for financial stability has been created, which consists of bringing together the representatives of the principal countries and bodies concerned by financial stability in a common body for the purposes of dialogue. Amongst these organs the BIS plays an important role

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