August 2005

Press enquiries: +41 61 280 8188

press.service@bis.org

Ref no: A19/2005

30 August 2005

Financial Stability Forum to meet in London, 8–9 September 2005

The Financial Stability Forum (FSF) will hold its fourteenth meeting on 8–9 September 2005 in London. At the end of the meeting, the Forum will issue a press release covering the main items of its discussion. There will be no press conference.

As is customary at its meetings, the FSF will assess potential vulnerabilities in the international financial system. This will include an evaluation of the impact of recent financial market developments and the evolving macroeconomic situation on financial systems. The FSF will discuss issues related to financial sector resilience, including risk management capabilities and loss absorption capacity of financial institutions, and the robustness of market liquidity to shocks.

The FSF will also review follow-up work on previous issues of interest, including financial accounting standards and progress on the implementation of standards and codes.

The press release will be issued immediately after the meeting and sent to the international press. It will be posted on the FSF’s website (www.fsforum.org) on Friday 9 September at approximately 13.00 CEST (12.00 local time).

For enquiries about the FSF meeting, please contact the BIS Press Office at the number above or the FSF Secretariat at +41 61 280 8298.

About the Financial Stability Forum

The FSF brings together national authorities responsible for financial stability in significant international financial centres, international financial institutions, sector-specific international groupings of regulators and supervisors, and committees of central bank experts.

It was established by the G7 finance ministers and central bank governors in February 1999 to promote international financial stability through enhanced information exchange and international cooperation in financial market supervision and surveillance.

The FSF is chaired Roger W Ferguson Jr, Vice Chairman of the Board of Governors of the Federal Reserve System.

The FSF’s Secretariat is based at the Bank for

International Settlements in Basel, Switzerland.

For further information on the FSF,

its membership and previous FSF meetings,

visit the FSF website at www.fsforum.org

Please see the attached press alert from the

Financial Stability Forum regarding their next meeting,

in London, 8–9 September 2005.

Regards,

Financial Stability Forum

BIS Press & Communications