Policy Documents
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18 April 2012 Principles for Sound Residential Mortgage Underwriting Practices
In March 2011 the Financial Stability Board (FSB) published a thematic review of residential mortgage underwriting and origination practices. Based on the findings of the review, six recommendations were set out, one of which asked the FSB to develop an international principles-based framework for sound underwriting practices. After providing sufficient time for implementation, the FSB […] -
4 November 2011 Policy Measures to Address Systemically Important Financial Institutions
This document sets out the critical policy measures that form the parts of the FSB SIFI Framework. Full implementation is targeted for 2019. -
4 November 2011 Intensity and Effectiveness of SIFI Supervision: Progress report on implementing the recommendations on enhanced supervision
Increasing the intensity and effectiveness of supervision is a key component of the Financial Stability Board's (FSB's) efforts to reduce the moral hazard posed by systemically important financial institutions (the "SIFI framework"), along with requiring added capital loss absorbency and facilitating the orderly resolution of firms. On November 1, 2010 the FSB, in consultation with […] -
27 October 2011 FSB Recommendations to Strengthen Oversight and Regulation of Shadow Banking
This document defines shadow banking and sets out measures to enhance oversight of less regulated sectors. -
26 October 2011 Principles for Sound Residential Mortgage Underwriting Principles
This consultative document set out a framework for sound residential mortgage underwriting practices. Comments should be sent to [email protected] by 9 December 2011. -
18 March 2011 Thematic Review of Mortgage Underwriting and Origination Practices
The report takes stock of existing mortgage underwriting practices and provides a framework for jurisdictions to set minimum acceptable underwriting standards. -
11 November 2010 Reducing the Moral Hazard Posed by Systemically Important Financial Institutions
This report recommends a policy framework for addressing the systemic and moral hazard risks associated with systemically important financial institutions (SIFIs). -
1 November 2010 Intensity and Effectiveness of SIFI Supervision: Recommendations for Enhanced Supervision
In the aftermath of the financial crisis, the FSB and the G20 Leaders have identified as a priority the need for more intense and effective supervision particularly as it relates to systemically important financial institutions (SIFIs). The level of supervision applied by national authorities must be commensurate with the potential destabilization risk that such firms […] -
27 October 2010 Principles for Reducing Reliance on CRA Ratings
The FSB has drawn up the following principles to reduce reliance on CRA ratings in standards, laws and regulations. -
7 November 2009 Guidance to Assess the Systemic Importance of Financial Institutions
The attached report and background paper respond to a request made by the G20 Leaders in April 2009 to develop guidance for national authorities to assess the systemic importance of financial institutions, markets and instruments. The report outlines conceptual and analytical approaches to the assessment of systemic importance and discusses a possible form for general […]