Archives - FSF - Financial Stability Forum
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2 April 2009 Principles for Sound Compensation Practices
The Principles are intended to reduce incentives towards excessive risk taking that may arise from the structure of compensation schemes. -
2 April 2009 FSF issues recommendations and principles to strengthen financial systems
The FSF issued reports today covering recommendations for addressing procyclicality in the financial system, principles for sound compensation practices and principles for cross-border cooperation on crisis management. -
2 April 2009 Addressing Financial System Procyclicality: A Possible Framework
This note aims to provide an overall framework that could help evaluate policy options to address the procyclicality of the financial system. While the framework is general in nature, the note focuses exclusively on options for prudential and financial reporting arrangements and the associated risk management and incentives issues. It therefore excludes other possible policy […] -
2 April 2009 Joint FSF-BCBS Working Group on Bank Capital Issues - Reducing procyclicality arising from the bank capital framework
This note sets out recommendations to address the potential procyclicality of the regulatory capital framework for internationally active banks. Some of these recommendations are focused on mitigating the cyclicality of the minimum capital requirement, while maintaining an appropriate degree of risk sensitivity. Other measures are intended to introduce countercyclical elements into the framework. The recommendations […] -
2 April 2009 Report of the FSF Working Group on Provisioning
Consistent with statements made in the "Report of the Financial Stability Forum on Enhancing Market and Institutional Resilience" (7 April 2008) (FSF Report - April 2008), and as described more fully in a follow up to that report issued on 10 October 2008 (FSF Report - October 2008), the Financial Stability Forum (FSF) has set […] -
2 April 2009 Joint FSF-CGFS Working Group - The role of valuation and leverage in procyclicality
This report explores the link between leverage and valuation in the light of the recent experience of market stress. Prior to the crisis, traditional balance sheet measures of leverage did not give an unambiguous signal of higher risk during the boom years of 2003-07. While balance sheet leverage increased at European banks and US investment […] -
2 April 2009 Recommendations for Addressing Procyclicality in the Financial System
The recommendations cover the following areas: the bank capital framework, bank loan loss provisions, and leverage and valuation. -
2 April 2009 Principles for Cross-border Cooperation on Crisis Management
The objective of financial crisis management is to seek to prevent serious domestic or international financial instability that would have an adverse impact on the real economy. -
2 April 2009 Re-establishment of the FSF as the Financial Stability Board
Prepared remarks by Mario Draghi, Chairman of the Financial Stability Forum at the conclusion of London Summit on 2 April 2009.