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The role of the Banque de France in the BIS

As a founding member of the BIS, ex officio member of the Board of Directors and one of its primary shareholders, the Banque de France also participates in all the BIS bimonthly meetings of the governors of the world's major central banks.

Every two months, the governors and other senior officials of central banks meet in Basel to examine the global economic and financial situation and discuss current affairs during two main meetings: the Global Economy Meeting (GEM) and the All Governors' Meeting.

The BIS also fosters coordination among central banks via the so-called “Basel process” which directly supports the work of international groups – six committees and three associations – engaged in standard setting and the pursuit of financial stability.

The Banque de France is represented in all committees directly under the BIS umbrella, in particular the Basel Committee on Banking Supervision, the Committee on the Global Financial System, and the Committee on Payments and Market Infrastructures.

Updated on: 10/19/2016 10:53