An international bank that fosters cooperation among central banks and other agencies in pursuit of monetary and financial stability. Originally established to coordinate reparations payments post-WWI, the BIS now plays a key role in facilitating central bank cooperation and setting standards for global banking.
The UK government department responsible for consumer and competition policy, company legislation, employment law, science and research, higher education, and adult learning. Formed in 2009 from the merger of the Department for Business, Enterprise and Regulatory Reform (BERR) and the Department for Innovation, Universities and Skills (DIUS).
