At its 26 March 2002 meeting, the FSF welcomed a report on Guidance on Dealing with Weak Banks by the Basel Committee on Banking Supervision (BCBS) and its Core Principles Liaison Group. This guidance offers practical advice on identifying bank problems early and methods to deal with them.
A study group, and subsequently a working group, were tasked in November 1999 with setting out international guidance on the design and operation of deposit insurance systems. The final report was tabled in September 2001 under the chairmanship of Jean-Pierre Sabourin, President of the Canada Deposit Insurance Corporation (CDIC) of Canada. The report covers: the goals […]
This group represents industrial and emerging economies, standard setting bodies and international financial institutions. In September 2001, it reported on progress made towards increasing market and official incentives for countries to implement international standards for their financial systems. The final report is satisfied with progress, but calls for increased efforts at: increasing the effectiveness […]