• Financial Stability Forum

    The Financial Stability Forum was set up in April 1999 to strengthen international cooperation and coordination in the supervision of financial markets. The forum has 42 members: apart from the chairman, who is appointed personally, three representatives of each G7 country (the Ministry of Finance, the central bank and the principal supervisory authority), one representative of the central banks of Australia, the Netherlands, Hong Kong and Singapore, two representatives from the IMF and two from the World Bank, one representative from the OECD and one from the BIS, there are two representatives from each of the following institutions: the Basle Committee on Banking Supervision, the International Organisation of Securities Commissions (IOSCO), the International Association of Insurance Supervisors (IAIS) and one representative from each of the two central bank committees of experts, namely the Committee on the Global Financial System (CGFS) and the Committee on Payment and Settlement Systems.