Difference between revisions of "BIS"

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{{group
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{{nation_state
 
|wikipedia=https://en.wikipedia.org/wiki/Bank_for_International_Settlements
 
|wikipedia=https://en.wikipedia.org/wiki/Bank_for_International_Settlements
 
|website=http://www.bis.org
 
|website=http://www.bis.org
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|nndb=http://www.nndb.com/org/212/000134807/
 
|nndb=http://www.nndb.com/org/212/000134807/
 
|start=17 May 1930
 
|start=17 May 1930
|headquarters=Basel, Switzerland
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|headquarters=Basel, Switzerland, Europe
 
|type=secret society
 
|type=secret society
 
|ON_aim=Central bank cooperation
 
|ON_aim=Central bank cooperation
|description=The central bankers' central bank - nothing to see here.
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|description=The [[central bankers]]' [[central bank]] - nothing to see here.
 
|leaders=Bank for International Settlements/General Manager
 
|leaders=Bank for International Settlements/General Manager
 
|powerbase=http://www.powerbase.info/index.php/BIS
 
|powerbase=http://www.powerbase.info/index.php/BIS
 
}}
 
}}
The '''BIS''' is a secretive group of the world's central bankers, based in [[Basel]], [[Switzerland]].
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The '''BIS''' is a secretive group of the world's central bankers, based in [[Basel]]. It is not generally regarded as a [[nation state]] (generally regarded as being in [[Switzerland]]), but is listed here as such since its has a unique legal status which makes the place inviolable.<ref name=ug739/>
 +
 
 
==Official narrative==
 
==Official narrative==
 
The BIS is more or less ''off'' the agenda of {{ccm}}.
 
The BIS is more or less ''off'' the agenda of {{ccm}}.
{{QB|"The Bank is completely removed from any governmental or political control."<br/>
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{{SMWQ
[[Gates McGarrah]], first president of the Bank for International Settlements, 1931<ref>[[Gates McGarrah]], “A Balance Wheel of World Credit,” Nation’s Business, March 1931, 24. BIS archive, File 7.18 (2), MCG8/55.</ref>}}
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|text=The Bank is completely removed from any governmental or political control.
 +
|authors=Gates McGarrah
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|note=The first president of the Bank for International Settlements
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|date=march 1931
 +
|source_title=A Balance Wheel of World Credit
 +
|source_details=Nation’s Business, March 1931, 24. BIS archive, File 7.18 (2), MCG8/55
 +
}}
  
 
==Other opinions==
 
==Other opinions==
[[Adam Lebor]] has written a book critical of this group.<ref>http://www.unwelcomeguests.net/739</ref>
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[[Adam Lebor]] has written a book critical of this group.<ref name=ug739>http://www.unwelcomeguests.net/739</ref>
  
 
==Legal status==
 
==Legal status==
 
+
The bank has a unique legal status. This was clarified in 1987 under a legal agreement between the [[Swiss Federal Council]] and the BIS and gave the bank "inviolability", defined as follows:
A 1987 legal agreement between the [[Swiss Federal Council]] and the BIS to determine the Bank's legal status
 
in Switzerland reaffirmed its unique status, including defining its "inviolability" as follows:
 
 
 
 
{{SMWQ
 
{{SMWQ
 
|text=1. The buildings or parts of buildings and surrounding land which, whoever may be the owner thereof, are used for the purposes of the Bank shall be inviolable. No agent of the Swiss public authorities may enter therein without the express consent of the Bank. Only the [[BIS/President|President]], 2 the [[BIS/General Manager|General Manager]] of the Bank, or their duly authorised representative shall be competent to waive such inviolability.
 
|text=1. The buildings or parts of buildings and surrounding land which, whoever may be the owner thereof, are used for the purposes of the Bank shall be inviolable. No agent of the Swiss public authorities may enter therein without the express consent of the Bank. Only the [[BIS/President|President]], 2 the [[BIS/General Manager|General Manager]] of the Bank, or their duly authorised representative shall be competent to waive such inviolability.

Revision as of 15:01, 20 January 2019

Group.png BIS   NNDB PowerbaseRdf-entity.pngRdf-icon.png
BIS-logo.PNG
Formation17 May 1930
LeaderBank for International Settlements/General Manager
TypeUnited Nations Members.svg nation state
Interest ofEdward Jay Epstein, Adam LeBor
SubpageBIS/Assistant General Manager
BIS/Chairman
BIS/General Manager
BIS/President
The central bankers' central bank - nothing to see here.

The BIS is a secretive group of the world's central bankers, based in Basel. It is not generally regarded as a nation state (generally regarded as being in Switzerland), but is listed here as such since its has a unique legal status which makes the place inviolable.[1]

Official narrative

The BIS is more or less off the agenda of commercially-controlled media.

“The Bank is completely removed from any governmental or political control.”
Gates McGarrah (march 1931)  A Balance Wheel of World Credit [2]
The first president of the Bank for International Settlements

Other opinions

Adam Lebor has written a book critical of this group.[1]

Legal status

The bank has a unique legal status. This was clarified in 1987 under a legal agreement between the Swiss Federal Council and the BIS and gave the bank "inviolability", defined as follows:

“1. The buildings or parts of buildings and surrounding land which, whoever may be the owner thereof, are used for the purposes of the Bank shall be inviolable. No agent of the Swiss public authorities may enter therein without the express consent of the Bank. Only the President, 2 the General Manager of the Bank, or their duly authorised representative shall be competent to waive such inviolability.

2. The archives of the Bank and, in general, all documents and any data media belonging to the Bank or in its possession, shall be inviolable at all times and in all places.

3. The Bank shall exercise supervision of and police power over its premises.”
 (1987)  [3]

 

Related Quotation

PageQuoteDate
IGO“Well after Argentina went bust in 1991 it offered most of its creditors about thirty-five cents on the dollar. About ninety percent of these people accepted that but some of them didn't and they tried to sue the bank In Switzerland because that's where its headquarters, but the Swiss courts and I think also the Swiss Federal Council have said that the bank is founded by an international treaty. It is inviolable: it cannot be sued.”2018

 

Group

GroupStart
Basel Committee on Banking Supervision1974

 

Employee on Wikispooks

EmployeeJobAppointedEnd
Alexandre LamfalussyEconomic adviser19761981

 

Related Document

TitleTypePublication dateAuthor(s)Description
Document:Masters of metalarticle30 July 2015RusticusA startling and ominous analysis of progress towards an impending New world Order
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References

  1. a b http://www.unwelcomeguests.net/739
  2. Nation’s Business, March 1931, 24. BIS archive, File 7.18 (2), MCG8/55