#B.I.S. | #NWO | Bank for International Settlements | Head  of the SNAKE
Channel: Informed Consent
Date: 2021-04-13

Headquarters Agreement with Switzerland 
Status, privileges and immunities of the Bank
Article 1  Legal personality
The  Swiss  Federal  Council  acknowledges  the  international  legal personality and the legal capacity within Switzerland of the #Bank  for  #International  #Settlements  (hereinafter  referred  to  as  "the Bank").


Article 2 Freedom of action of the Bank
1. The #Swiss Federal Council shall guarantee to the Bank the autonomy and freedom of action to which it is entitled as an international organisation.2. In  particular,  it  shall  grant  to  the  Bank,  as  well  as  to  its  member  institutions  in  their  relations  with  the  Bank,  absolute  freedom to hold meetings, including freedom of discussion and decision.
Article 3 Inviolability 
1. The buildings or parts of buildings and surrounding land which,  whoever  may  be  the  owner  thereof,  are  used  for  the  purposes of the Bank shall be inviolable. No agent of the Swiss public authorities may enter therein without the express consent 


Only the President of the Bank. the General Manager of the Bank, or their duly authorised representative shall be competent to waive such inviolability
.2. The archives of the Bank and, in general, all documents and any data media belonging to the Bank or in its possession, shall be inviolable at all times and in all places.
 3. The Bank shall exercise supervision of and police power over its premises.


Article 4 Immunity from jurisdiction and execution
1. The Bank shall enjoy immunity from jurisdiction, save:(a)to  the  extent  that  such  immunity  is  formally  waived  in  individual cases by the President, the General Manager of the Bank, or their duly authorised representatives;(b)in  civil  or  commercial  suits,  arising  from  banking  or  financial      transactions,      initiated      by      contractual      counterparties  of  the  Bank,  except  in  those  cases  in  which  provision  for  arbitration  has  been  or  shall  have  been made;(c)in  the  case  of  any  civil  action  against  the  Bank  for  damage caused by any vehicle belonging to or operated on behalf of the Bank.
2. Disputes  arising  in  matters  of  employment  relations  between  the  Bank  and  its  Officials  or  former  Officials,  or  persons   claiming   through   them,   shall   be   settled   by   the   Administrative Tribunal of the Bank