21 October 2009 Senior Supervisors Group Report on Risk Management Lessons from the Global Banking Crisis of 2008On March 6, 2008, the Senior Supervisors Group (SSG) released its first report, Observations on Risk Management Practices during the Recent Market Turbulence (the "first report"). The report conveyed our assessment of the risk management practices that made some firms better able than others to withstand market stresses in the fall of 2007.At that time, […]
The Implementation Standards set out detailed specific proposals on compensation governance, structure and disclosure to strengthen adherence to the FSB Principles for Sound Compensation Practices.
25 September 2009 Overview of Progress in the Implementing the London Summit Recommendationsof for Strengthening Financial StabilityAt the London Summit, G20 Leaders set out actions to strengthen transparency and accountability, enhance sound regulation, promote integrity in financial markets and reinforce international cooperation. The Financial Stability Board (FSB) was asked to monitor progress in implementing these recommendations and to provide a report to the G20 Finance Ministers and Governors in November. This […]
25 September 2009 Improving financial regulation - Report of the Financial Stability Board to G20 LeadersImproving Financial Regulation Report of the Financial Stability Board to G20 Leaders 1. Since the London Summit, the Financial Stability Board (FSB) and its members have advanced a major program of financial reforms based on clear principles and timetables for implementation that are designed to ensure that a crisis on this scale never happens again. […]
2 April 2009 Principles for Sound Compensation PracticesThe Principles are intended to reduce incentives towards excessive risk taking that may arise from the structure of compensation schemes.
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.
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 […]
In its April 2008 Report on Enhancing Market and Institutional Resilience ("the FSF Report"), the Financial Stability Forum (FSF) and its member bodies issued a comprehensive set of recommendations reflecting a consensus, both internationally and cross-sectorally, on the actions needed to address the fundamental weaknesses that have been at the root of the present turmoil […]