Improving Financial Regulation Report of the Financial Stability Board to G20 Leaders 1. Since the London Summit, the Financial Stability Board (FSB) and its members have advanced a major program of financial reforms based on clear principles and timetables for implementation that are designed to ensure that a crisis on this scale never happens again. […]
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25 September 2009
25 September 2009
Compensation at significant financial institutions is one factor among many that contributed to the financial crisis that began in 2007. Official action to address unsound compensation systems must therefore be embedded in the broader financial regulatory reform program, built around a substantially stronger and more resilient global capital and liquidity framework. Action in all major […]
The Implementation Standards set out detailed specific proposals on compensation governance, structure and disclosure to strengthen adherence to the FSB Principles for Sound Compensation Practices.
15 September 2009
15 September 2009
15 September 2009
At its meeting in Paris, the FSB reviewed the main risks facing the financial system and potential policy responses. It also discussed further work to improve financial regulation and progress in implementing reforms.
13 September 2009
1 September 2009
IOSCO developed recommendations in relation to Unregulated Financial Markets and Products, in particular to securitisation and credit default swap markets.
The Principles and Standards for Sound Compensation Practices intend to reduce incentives towards excessive risk taking that may arise from the structure of compensation schemes for significant financial institutions.
1 July 2009
Outsourcing poses important challenges to the integrity and effectiveness of the financial and capital markets and for the market authorities.