One of the ways in which the BIS promotes international cooperation among financial and monetary officials is through hosting bimonthly and other meetings of central bank officials.
At bimonthly meetings, normally held in Basel, Governors and other senior officials of BIS member central banks discuss current developments and the outlook for the world economy and financial markets. They also exchange views and experiences on issues of special and topical interest to central banks.
Other regular consultations
In addition to the bimonthly meetings, the Bank hosts other regular consultations that occasionally include private sector representatives and the academic community.
The main result of these meetings is an improved understanding by participants of the developments, challenges and policies affecting various countries or markets. An atmosphere of openness, frankness and informality amongst participants is critical to the success of BIS meetings.