This is the first in a series of peer reviews on resolution regimes, to support the timely and consistent implementation by FSB jurisdictions of agreed reforms in this area.
The Financial Stability Board has appointed new chairs of three of its Standing Committees: Mr Agustin Carstens, Governor of Banco de Mexico, has been appointed Chairman of the Standing Committee on Assessment of Vulnerabilities (SCAV), succeeding Jaime Caruana, General Manager of the Bank for international Settlements. The SCAV is responsible for monitoring and assessing vulnerabilities […]
The Saudi Arabian Monetary Agency hosted the third meeting of the FSB Regional Consultative Group for the Middle East and North Africa (RCG-MENA) in Riyadh City.
The Chairman of the Financial Stability Board (FSB) reported to the G20 Finance Ministers and Central Bank Governors today on progress in the financial regulatory reform programme. In connection with this, the FSB is publishing today: a letter by the FSB Chair to the G20, sent ahead of their meeting, reporting on the good progress […]
The peer review found that, since the crisis, national authorities have taken several measures to improve regulatory and supervisory oversight of risk governance at financial institutions.
The Central Bank of Kenya hosted the third meeting of the Financial Stability Board (FSB) Regional Consultative Group for Sub-Saharan Africa in Nairobi, Kenya.
The report finds that authorities have taken several steps to address the FSAP recommendations to enhance coordination and information exchange between the regulatory agencies, but many details of the reforms are not yet resolved.
At its meeting in Zürich, the FSB discussed vulnerabilities affecting the global financial system and progress in authorities' work to strengthen global financial regulation. The FSB also took the procedural steps to constitute itself as a legal entity.