BIS Press Release

PRESS RELEASE - International Association of Deposit Insurers to locate new secretariat in Basel, 8 May.

At its constituent meeting in Basel the International Association of Deposit Insurers (IADI) decided to establish a permanent secretariat at the Bank for International Settlements (BIS) in Basel, Switzerland. The IADI will remain fully independent of the BIS.

The BIS strongly supports the IADI, formed to contribute to the stability of financial systems by promoting international cooperation

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