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Bank Of International Settlements

Volume 400: debated on Monday 3 March 2003

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To ask the Chancellor of the Exchequer what assessment he has made of the governance of the Bank of International Settlements, with particular reference to (a) member control and (b) access to information. [99987]

The Treasury has no formal responsibilities with respect to the governance of the Bank for International Settlements. The membership is comprised mainly of Central Banks. The Bank of England is a shareholder and the Governor of the Bank of England is on the Board of the BIS. Further information about the BIS is publicly available on its website (www.bis.org), in the annual report (published on 8 July) and from the BIS library and archive.