- BIS
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An international organisation which fosters international monetary and financial co-operation and serves as a bank for central banks. It acts as the secretariat for and meeting place of a number of expert committees, including the Basel Committee on Banking Supervision.Bank for International Settlement website: .Department for Business, Innovation and Skills (BIS)England, United Kingdom, WalesThe UK government department responsible for building Britain's capabilities to compete in the global economy. BIS is a combination of the Department for Business, Enterprise, Regulation and Reform (BERR) and the Department for Innovation, Universities and Skills (DIUS).BERR brought together functions from the former Department of Trade and Industry (DTI), including responsibilities for enterprise, business relations, regional development, fair markets and energy policy, with the Better Regulation Executive (BRE), previously part of the Cabinet Office.For further information, see the BIS website:
Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010.