The FSF issued reports today covering recommendations for addressing procyclicality in the financial system, principles for sound compensation practices and principles for cross-border cooperation on crisis management.
In April 2008, the Financial Stability Forum (FSF) submitted to G7 Finance Ministers and Central Bank Governors a comprehensive set of recommendations for addressing the weaknesses that have produced the present crisis and for strengthening the financial system going forward. The Report on Enhancing Market and Institutional Resilience drew on an extensive body of work […]
