Press Releases

• 26 November 2018 Appointment of new FSB Chair and Vice Chair

  FSB Plenary appoints Randal K. Quarles as its new Chair and Klaas Knot as Vice Chair.

  Content Type(s): Announcements, Press, Press Releases Source(s): FSB Policy Area(s): Governance

• 23 November 2018 FSB publishes recommendations on compensation data reporting to address potential misconduct risk

  Recommendations are designed to support supervisors’ improved monitoring of compensation decisions taken by firms in relation to misconduct risk.

  Content Type(s): Press, Press Releases Source(s): FSB Policy Area(s): Compensation

• 20 November 2018 FSB report finds that effects of G20 financial reforms on infrastructure finance are of a second order relative to other factors

  Report is part of FSB evaluation to examine the effects of G20 reforms on financial intermediation.

  Content Type(s): Press, Press Releases Source(s): FSB Policy Area(s): Effects of Reforms, EMDEs, Long-term Investment Finance, OTC Derivatives

• 19 November 2018 FSB publishes reports on implementation of OTC derivatives reforms and removal of legal barriers

  Reports show continued good progress on implementing the agreed G20 reforms to make derivatives markets safer.

  Content Type(s): Press, Press Releases Source(s): FSB Policy Area(s): OTC Derivatives

• 19 November 2018 FSB and standard-setting bodies publish final report on effects of reforms on incentives to centrally clear over-the-counter derivatives

  Standard-setters publish final report on evaluation of the effects of the G20 reforms on incentives to centrally clear OTC derivatives.

  Content Type(s): Press, Press Releases Source(s): BCBS, CPMI, FSB, IOSCO Policy Area(s): Effects of Reforms, OTC Derivatives

• 16 November 2018 FSB publishes progress report on measures to address the decline in correspondent banking and updated data

  Reports show actions by authorities to address the decline in the number of correspondent banking relationships - a further 4% reduction took place in 2017.

  Content Type(s): Press, Press Releases Source(s): FSB Policy Area(s): Correspondent Banking, EMDEs

• 16 November 2018 FSB publishes 2018 G-SIB list

  FSB releases 2018 list of global systemically important banks.

  Content Type(s): Press, Press Releases Source(s): FSB Policy Area(s): Resolution and Crisis Management, SIFIs

• 15 November 2018 FSB publishes 2018 Resolution Report and publicly consults on financial resources to support CCP resolution

  Implementation of resolution regimes most advanced for banks and progress is less advanced for insurers and CCPs.

  Content Type(s): Press, Press Releases Source(s): FSB Policy Area(s): OTC Derivatives, Resolution and Crisis Management, SIFIs, Supervision and Risk Management

• 14 November 2018 FSB welcomes IAIS proposed insurance systemic risk framework and decides not to engage in an identification of G-SIIs in 2018

  A new holistic framework will provide an enhanced basis for mitigating systemic risk in the insurance sector.

  Content Type(s): Press, Press Releases Source(s): FSB Policy Area(s): Resolution and Crisis Management, SIFIs

• 14 November 2018 FSB publishes progress report on reforming major interest rate benchmarks

  Report highlights progress in reforms to IBORs and the development of overnight nearly risk-free rates and term rates.

  Content Type(s): Press, Press Releases Source(s): FSB Policy Area(s): Financial Benchmarks, OTC Derivatives