FSB Chair submits progress report on work to address systemic risk in non-bank financial intermediation with his letter to G20 Finance Ministers and Central Bank Governors.
FSB members discussed the outlook for global financial stability, including issues of particular relevance to emerging markets and developing economies, as well as the FSB’s deliverables to Brazil’s G20 Presidency.
FSB report analyses the functioning of commercial paper and negotiable certificates of deposits markets and outlines potential market reforms to address vulnerabilities in these markets.
