This document defines the scope of standards to be monitored and the criteria for prioritizing jurisdictions for evaluation. It describes the FSB evaluation process as well as the tools to monitor progress and promote cooperation between regulators and supervisors in the banking, insurance and securities sectors.
I. Framework The FSB is committed to strengthening adherence to international financial standards. Financial markets are global in scope and, therefore, consistent implementation of international standards is necessary to protect against adverse cross-border, regional and global developments affecting international financial stability. The FSB, working through the Standing Committee on Standards Implementation, will foster a race […]
This report describes the measures that have been taken and other progress made since the Pittsburgh Summit to implement the recommendations made by the G20 and the FSB for strengthening financial stability.
Note for the G20 Ministers and Governors for their 6-7 November 2009 meeting on the appropriate considerations for the removal of extraordinary financial sector support measures.
The attached report and background paper respond to a request made by the G20 Leaders in April 2009 to develop guidance for national authorities to assess the systemic importance of financial institutions, markets and instruments. The report outlines conceptual and analytical approaches to the assessment of systemic importance and discusses a possible form for general […]
To inform the preparation of the paper, country authorities were surveyed on their experiences with identifying systemically important institutions, markets and instruments. Feedback on an initial draft questionnaire, coordinated by the IMF, FSB and BIS, was sought from counterparts at several central banks (see Attachment). The finalized questionnaire was subsequently sent out to the central […]
The report identifies the main financial and economic information gaps based on the experience of the recent financial crisis and presents recommendations for closing them.
On 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, […]
