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BIS Committees

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BIS has several important committees, would it be interesting to mention them. albeit briefly?

  • Basel Committee on Banking Supervision
  • Committee on the Global Financial System
  • Markets Committee
  • Irving Fisher Committee on Central Bank Statistics
  • Committee on Payment and Settlement Systems

Dean Armond (talk) 20:50, 13 March 2009 (UTC)[reply]

International Settlements

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Why doesn't the article mention international settlements? RobLandau (talk) 20:43, 9 June 2013 (UTC)[reply]

What you mean? [User:Re1243Re1243 (talk) 12:58, 2 January 2022 (UTC)|Re1243]] (talk)[reply]

Why were Keynes and Truman against liquidating this

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If they were in on nazi looting, isn't it a no brainer? Is it similar to being too big to fail? This needs more of an explanation:

As a result of allegations that the BIS had helped the Germans loot assets from occupied countries during World War II, the Bretton Woods Conference recommended the "liquidation of the Bank for International Settlements at the earliest possible moment".[6] This resulted in the BIS being the subject of a disagreement between the non-governmental U.S. and British delegations. The liquidation of the bank was supported by other European delegates, as well as the United States (including Harry Dexter White, Secretary of the Treasury, and Henry Morgenthau),[6] but opposed by John Maynard Keynes, head of the British delegation.

Fearing that the BIS would be dissolved by President Franklin Delano Roosevelt, Keynes went to Morgenthau hoping to prevent the dissolution, or have it postponed, but the next day the dissolution of the BIS was approved. However, the liquidation of the bank was never actually undertaken.[7] In April 1945, the new U.S. president Harry S. Truman and the British government suspended the dissolution, and the decision to liquidate the BIS was officially reversed in 1948.[8]

Popish Plot (talk) 16:11, 29 May 2015 (UTC)[reply]

https://ies.princeton.edu/pdf/E192.pdf Page 48 ″Keynes wanted the liquidation delayed until the establishment of the Fund because of an unexplained obligation undertaken by Britain when it joined the BIS." Poundchew (talk) 13:12, 02 Janurary 2022 (UTC) corrected 11:00, 14 April 2022 (UTC)[reply]

https://www.piie.com/system/files/documents/wp17-11.pdf "In the period immediately following the conference, there were extensive discussions, largely between the United States and the United Kingdom, about whether and how to implement this recommendation. In the end, the matter was dropped because it would have required another treaty to liquidate the BIS, since it had been established by treaty, and the central banks, in particular European central banks, pressured their governments not to dissolve their club." Gagsles (talk) 11:15, 14 April 2022 (UTC)[reply]

Russia suspended or not?

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"History" says the Russian central bank was suspended from BIS, but it's still listed as a member on the BIS website. Someone needs to check what actually happened... Mporter (talk) 21:21, 26 June 2022 (UTC)[reply]