Governance and organisation

The governance of the Bank is exercised at three levels - the Board of Directors, the General Meetings of member central banks and BIS Management - as determined by its Statutes.

The BIS hosts six committees, which are overseen by three senior groupings in the context of the Basel Process.

The BIS hosts three associations that also participate in the Basel Process: the Financial Stability Board, the International Association of Insurance Supervisors and the International Association of Deposit Insurers. Each has a separate legal identity and its own governance arrangement.

Organisation 

The BIS has three main departments, two of which encompass our two principal activities - economic analysis and banking - and one which provides general internal support.

The Monetary and Economic Department undertakes research and analysis to shape the understanding of policy issues concerning central banks, provides committee support and organises key meetings of senior central bankers and other officials in charge of financial stability.

The Banking Department provides a range of financial services to support central banks in the management of their foreign exchange and gold reserves and invests the BIS's own capital.

The General Secretariat provides the organisation with comprehensive corporate services in the areas of IT, human resources, communications, finance, facilities management, security and meeting services.

These departments are supported by the Legal Service and the Risk Management, Internal Audit and Compliance units.

Working alongside the three main departments is the BIS's Financial Stability Institute, which supports the implementation of global regulatory standards and sound supervisory practices by central banks and financial sector regulatory and supervisory authorities worldwide.

Staff and offices

We currently employ about 600 staff members from more than 60 countries, most of whom work at our headquarters in Basel, Switzerland. We also have two regional offices:

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