HEADQUARTERS

Centralbahnplatz 2				    Telephone:   [4161]280-8298
4002 Basel                                          Facsimile:   [4161]280-9100
Switzerland                                         E-mail:      fsforum@bis.org      
						    Internet:    www.fsforum.org							



     Chairman:            ...   Roger W. FERGUSON Jr.
     Secretary General:   ...   Svein ANDRESEN

LANGUAGES: English

ESTABLISHMENT AND FUNCTIONS

In the wake of financial crises in EMEs in Asia and other regions, the G-7 Finance Ministers and Central Bank Governors decided in February 1999 to create the Financial Stability Forum with the view to enhancing co-operation among the various national and international supervisory bodies and international financial institutions so as to promote stability in the international financial system. The first meeting of the FSF was convened in April 1999.

The FSF seeks to co-ordinate the efforts of these various bodies in order to promote international financial stability, improve the functioning of markets, and reduce systemic risk.

In addition, the FSF holds regional meetings where members discuss with non-members issues that concern global as well as regional financial stability.

COMPOSITION

The Forum brings together on a regular basis 41 members representing national authorities responsible for financial stability in significant international financial centers, international financial institutions, sector-specific international groupings of regulators and supervisors, and committees of central bank experts. See FSF website for composition www.fsforum.org

STRUCTURE

A chair is appointed for a renewable 3-year term. There is a small secretariat housed at the BIS in Basel, Switzerland, though institutionally it is not part of the BIS.

GENERAL PUBLICATIONS

Reports discussed at meetings are occasionally posted at the website.

UPDATED:  December 2, 2003