This report updates on progress by the FSB Secretariat and IMF staff in implementing the 20 recommendations in the November 2009 report endorsed by the G20.
The report takes stock of existing mortgage underwriting practices and provides a framework for jurisdictions to set minimum acceptable underwriting standards.
This report recommends a policy framework for addressing the systemic and moral hazard risks associated with systemically important financial institutions (SIFIs).
1 November 2010 Intensity and Effectiveness of SIFI Supervision: Recommendations for Enhanced SupervisionIn the aftermath of the financial crisis, the FSB and the G20 Leaders have identified as a priority the need for more intense and effective supervision particularly as it relates to systemically important financial institutions (SIFIs). The level of supervision applied by national authorities must be commensurate with the potential destabilization risk that such firms […]
This report seeks the endorsement of the G20 Leaders for the overall direction of work on the development of a policy framework for reducing the moral hazard risks posed by SIFIs.