FSB Report on the Overview of Progress in the Implementation of the G20 Recommendations for Strengthening Financial Stability
The Chairman of the Financial Stability Board (FSB) reported to the G20 Leaders today at the Cannes Summit on progress in the implementation of the G20 recommendations on financial regulatory reforms. Prior to the meeting the Chair set out in a letter a number of issues in this regard. http://www.financialstabilityboard.org/press/pr_111104ff.pdf
FSB publishes report on assessment of the macroeconomic impact of higher loss absorbency for global systemically important banks
The Financial Stability Board (FSB) and Basel Committee on Banking Supervision (BCBS) released an assessment of the macroeconomic costs and benefits of proposals for higher loss absorbency for global systemically important banks (G-SIBs).
High-Level Conference Discusses Ways to Reduce Global Financial Risk and Improve Macro-Prudential Regulation
Representatives from central banks, ministries of finance, and supervisory agencies from 34 advanced and emerging market countries gathered in Washington today to discuss ways to reduce system-wide risks in the global financial system and how to improve the so-called macro-prudential policy framework. http://www.financialstabilityboard.org/press/pr_110418.pdf