REQUIRED BANK REPORTING PROCEDURES suspected transactions have been reported by banks, on their volition, using the Suspicious Activity Reports (SAR) reporting procedure. These reports

On the contrary, the biggest US banks are reporting very healthy profits for the last quarter.

The BIS Bashers

Article 35 bis

Article 1 bis

Article 2 bis

Article 16 bis

Article 72 bis

Article 74 bis

Draft article 72 bis

Draft article 75 bis

New operative paragraph 4 bis

New operative paragraph 21 bis

New operative paragraph 1 bis

New operative paragraph 11 bis

New operative paragraph 23 bis

Without prejudice to article 2 bis,

Article 17 bis, paragraph (1)(b)

Individual communication procedure (art. II C bis)

(c)bis Committee on Forest Industry and

1,1,1 trichloro 2,2 bis (4 chlorophenyl) ethane

The BIS, founded in 1930 to help manage German reparation payments and to coordinate activities among central banks, served as little more than repository for gold reserves in the years following World War II.

As central banks have gained status in recent years, and thanks to imaginative leadership, the BIS has reawakened and taken on a number of important roles, including setting international regulatory standards for global banking.

Paragraph 20 (g) became 26 bis, to read

Paragraph 74 bis (a) was revised to read

Article 21 was incorporated into article 15 bis.

(b bis) Statement of concern on non compliance

Chapter IV bis. Interim measures and preliminary orders

Article 17 bis Conditions for granting interim measures

The draft article 4 bis and alternative article 5 bis, and the draft text for the Guide to Enactment addressing accessibility standards, reflect these issues.

France imposed on its banks strong transparency and reporting requirements for banking activities in tax havens, in addition to the international standard for information exchange.

With partners, UNICEF will establish knowledge banks facilitating access to data on children and women and support quality, timely national reporting on the two Conventions.

Article 16 bis. Participation by regional economic integration organizations

So the BIS proposes nothing new or particularly attention grabbing.

Article 16 bis. Participation by regional economic integration organizations (continued)

Article 16 bis. Participation by regional economic integration organizations (resumed)

Amendments were also made to rules 98 bis and 124.

Article 19 bis. Conditions for use of electronic reverse auctions

Note Some delegations wish to merge p and p(bis).

The Chairman suggested deferring consideration of draft article 16 bis.

(1) bis. The procuring entity may stipulate in the solicitation documents the form that all communications with suppliers or contractors shall take, provided that the means of communication chosen by the procuring entity shall comply with the accessibility standards contained in article 4 bis or 5 bis .

Last year s LIBOR scandal, in which banks were found to be reporting inaccurate interest rates in order to manipulate the prices of financial instruments, epitomized this risk.

Although the Tribunal has now successfully referred three cases, involving four accused, to the former Yugoslavia under Rule 11 bis, not all Rule 11 bis motions have been granted.

The alternative explanation for the persistence of weak global growth has been best formulated by the Bank for International Settlements, an organization of central banks. The BIS maintains that excessively low interest rates are a big reason why growth is disappointing.

Article 19 bis. Procedure for amendments to article 19, paragraph 1