This report describes the developments in implementing the FSB Principles and Standards (P&S) in their national regulation or supervisory guidance over the relatively short time period since the October 2011 thematic peer review.
This report sets out recommendations and proposals to implement a global Legal Entity Identifier (LEI) system that will uniquely identify parties to financial transactions.
Public comments received on the interim report on securities lending and repos published in April 2012 . The feedback will serve as an input to FSB's workstream on securities lending and repos.
This consultative document reviews current market practices and has identified a number of issues that might pose risks to financial stability.Comments should be submitted by 25 May 2012 by email to [email protected] or post.
FSB Chair provided an update to the G20 on progress towards (i) building resilient financial institutions; (ii) ending "too big to fail"; (iii) strengthening the oversight and regulation of shadow banking activities; (iv) completing OTC derivatives and other reforms to create continuous core markets; and (v) implementing agreed G20 reforms in a timely and consistent manner.
1. In 2006 the IASB and the FASB (the boards) agreed on a Memorandum of Understanding (MoU) that identified the short-term and longer-term convergence projects that would bring the most significant improvements to IFRSs and US GAAP. The MoU was updated in 2008. 2. The boards are close to completing the MoU programme: Most of […]