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Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. The Financial Stability Institute, is one of the bodies hosted by the Bank of International Settlements at its headquarters in Basel. Established in 1999 by the BIS and the Basel Committee on Banking Supervision, its primary role is to improve the co-ordination between national Bank Regulators through holding seminars and acting as a clearing house for information on regulatory practice. It was set up in response to the East Asian financial crisis of 1997, as the result of a perceived weakness in co-ordination between national regulators in matters of training and general understanding of financial systems. As a result, its work is concentrated in the regulators of the non-G-10 nations. Its current Chairman is John G. Heimann.