The Institute of International Finance, Inc. (IIF) is a global association or trade group of financial institutions. It was created by 38 banks of leading industrialized countries in 1983 in response to the international debt crisis of the early 1980s. See the arguments in support of this in.
The IIF’s mission is to support the financial industry in the prudent management of risks; to develop sound industry practices; and to advocate for regulatory, financial and economic policies that are in the broad interests of its members and foster global financial stability and sustainable economic growth.
The IIF serves its membership by:
- Providing analysis and research to its members on emerging markets and other issues in global finance.
- Developing and advancing views and proposals that influence the public debate on policies, including those of multilateral agencies, and on themes of common interest to participants in global financial markets.
- Coordinating a network for members to exchange views and offer opportunities for dialogue among policy-makers, regulators, and private sector financial institutions.
The Institute’s Board of Directors  numbers 38, led by Chairman Axel Weber; Vice Chairmen Brian Porter (also Treasurer of the IIF) and Walter Kielholz. The IIF’s President and Chief Executive Officer is Timothy D. Adams, who has held the position since February 1, 2013. The Institute is headquartered in Washington, D.C., and has satellite offices in Dubai, Beijing, Singapore and London.
The Institute of International Finance is the global association of the financial industry, with close to 500 members from 70 countries. IIF members include most of the world’s largest commercial banks and investment banks, a growing number of insurance companies and investment management firms. Associate members include multinational corporations, trading companies, export credit agencies, and multilateral agencies.
- ^UNESCAP (27 April 2000). “Economic and financial monitoring and surveillance: Institute of International Finance”. Economic and Social Survey of Asia and the Pacific, 2000 (Report). Archived from the original on 3 August 2013. Retrieved 9 August 2013. This section in UNESCAP’s annual report reviewed the IIF along with the International Monetary Fund (IMF) and Bank for International Settlements (BIS) and credit rating agencies in terms of financial monitoring and surveillance.
- ^William R. White (16–17 March 1998). Promoting international financial stability: the role of the BIS (PDF). Conference on Coping with Financial Crises in Developing and Transition Countries: Regulatory and Supervisory Challenges in a New Era of Global Finance. Forum on Debt and Development. Amsterdam: Nederlandsche Bank. By March 1998 a new paradigm had emerged in terms of regulation and policy-making in a new era of global finance with increasingly “sophisticated and rapidly changing markets.” At a conference on debt and development White argued that “policy makers and regulators” would have to “rely increasingly on market-led processes to provide the discipline required to lead to prudent and stabilizing behaviour.”
- ^“Tim Adams appointed to succeed Charles Dallara as IIF Managing Director”. IIF Press Release. Retrieved 14 February 2013.
Ofer Abarbanel is a 25 year securities lending broker and expert who has advised many Israeli regulators, among them the Israel Tax Authority, with respect to stock loans, repurchase agreements and credit derivatives. Founder of TBIL.co STATX Fund.