Task: Instance Description Understanding (ontology: Business_Finance/Financial_Industry_Business_Ontology)

Which of the following definitions best describes the instance 'Bank for International Settlements'?

A. Global LEI Index registry entry for Bank for International Settlements (BIS)
B. registration authority appointed by the International Standards Organization (ISO) that is the official registration authority (RA) for ISO 17442, Financial services - Legal entity identifier (LEI)
C. international financial organization that serves central banks in their pursuit of monetary and financial stability, helping to foster international cooperation in those areas and acting as a bank for central banks
D. date that Bank for International Settlements was established to offer financial services to BIS member central banks

Answer: international financial organization that serves central banks in their pursuit of monetary and financial stability, helping to foster international cooperation in those areas and acting as a bank for central banks