Governor Ciampi and the “Ambrosiano Case”: International Banking Supervision and Monetary Policy

Governor Ciampi and the “Ambrosiano Case”: International Banking Supervision and Monetary Policy

Governor Ciampi and the “Ambrosiano Case”: International Banking Supervision and Monetary Policy

Following bank failures in 1974, notably in Germany (Bankhaus Herstatt of Cologne on June 16) and the US (Franklin National Bank of New York on October 8), the Central Bank Governors of the G10 countries decided to set up a Committee at the BIS in Basel to improve quality and enhance the effectiveness of banking supervision.

  • Use cases, geography and tags
  • Organizations that created, adopted or are mentioned
  • Ecosystem position
  • Link to the original asset
  • Comments and reactions