Publications

Recommendations for Addressing Procyclicality in the Financial System

The recommendations cover the following areas: the bank capital framework, bank loan loss provisions, and leverage and valuation.

Principles for Cross-border Cooperation on Crisis Management

The objective of financial crisis management is to seek to prevent serious domestic or international financial instability that would have an adverse impact on the real economy.

Principles for Cross-border Cooperation on Crisis Management

The objective of financial crisis management is to seek to prevent serious domestic or international financial instability that would have an adverse impact on the real economy. In so doing, authorities will be mindful of the impact interventions may have on the public purse and will, as far as possible: maintain incentives for financial institutions […]

Ongoing and Recent Work Relevant to Sound Financial Systems

Joint Letter of the FSF Chairman and the IMF Managing Director to G20 Ministers and Governors

Dear Ministers and Governors: The financial crisis has underscored the importance of international coordination both in responding to the crisis and in developing and implementing policies for a sounder financial system. Coordination is important as well across the international financial institutions and bodies that support the efforts of national governments, including the IMF and the […]

FSF Report on Enhancing Market and Institutional Resilience

Ongoing and Recent Work Relevant to Sound Financial Systems

Update on the Implementation of the FSF’s Recommendations

I. Current situation of the financial system Financial markets and institutions continue to make progress in adjusting to the new conditions that have prevailed since the outbreak of market turbulence. Banks and other financial institutions have raised substantial amounts of new capital and further capital raising plans have been announced. Institutions have also moved to […]

Report of the Financial Stability Forum on Enhancing Market and Institutional Resilience

Report by Joint Forum on Credit Risk Transfer (CRT): Developments from 2005 to 2007

Credit risk transfer has grown quickly, often with complex products, and provides concrete benefits to the global financial system. The benefits of credit risk transfer (CRT) are well understood and have not changed since the Joint Forum’s first CRT report in 2005. CRT allows credit risk to be more easily transferred and potentially more widely […]

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