5 November 2012 Roadmap for Reducing Reliance on CRA RatingsThe roadmap sets clear timelines for concrete action to reduce mechanistic reliance on CRA ratings and for authorities to promote and strengthen own credit risk assessment approaches.
This report provides seven fundamental principles for enhancing the risk disclosures of banks.
In March 2011 the Financial Stability Board (FSB) published a thematic review of residential mortgage underwriting and origination practices. Based on the findings of the review, six recommendations were set out, one of which asked the FSB to develop an international principles-based framework for sound underwriting practices. After providing sufficient time for implementation, the FSB […]
4 November 2011 Intensity and Effectiveness of SIFI Supervision: Progress report on implementing the recommendations on enhanced supervisionIncreasing the intensity and effectiveness of supervision is a key component of the Financial Stability Board's (FSB's) efforts to reduce the moral hazard posed by systemically important financial institutions (the "SIFI framework"), along with requiring added capital loss absorbency and facilitating the orderly resolution of firms. On November 1, 2010 the FSB, in consultation with […]
This document sets out the critical policy measures that form the parts of the FSB SIFI Framework. Full implementation is targeted for 2019.
This document defines shadow banking and sets out measures to enhance oversight of less regulated sectors.
This consultative document set out a framework for sound residential mortgage underwriting practices. Comments should be sent to email@example.com by 9 December 2011.
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).