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Showing posts with label Financial Stability Board (FSB). Show all posts
Showing posts with label Financial Stability Board (FSB). Show all posts

Sunday, November 16, 2014

G20's Carney says bank crisis reforms "substantially complete"

LONDON, Nov 14 (Reuters) - The job of fixing flaws that led to the 2007-09 financial crisis is largely done and the focus will now turn to spotting new risks and rebuilding trust among regulators, the Financial Stability Board said on Friday.

Tuesday, June 03, 2014

Osborne to target foreign exchange manipulation in City clean-up

The chancellor is working with Whitehall officials and the international Financial Stability Board (FSB) on new regulations which will be imposed on the market.

Tuesday, July 19, 2011

Global capital surcharge to affect 28 big banks

(Reuters) - A global regulatory task force said on Tuesday its planned capital requirement surcharge to make the world's biggest banks safer will affect 28 banks initially.

The Financial Stability Board (FSB) did not name the banks in its consultation paper on the new surcharge, which it confirmed in a news briefing on Monday would be set at between 1 and 2.5 percent.

Friday, July 15, 2011

G20 task force expected to endorse bank surcharges

(Reuters) - Global regulators are expected to give the green light on Monday to two measures they hope will shield taxpayers from having to rescue failed banks again.

The Financial Stability Board (FSB) meets in Paris to endorse the capital surcharge and bank resolution proposals that will be put out to public consultation ahead of final approval by leaders of the world's top 20 economies (G20) in November.

Wednesday, May 18, 2011

Regulators start review of global bank bonus curbs

Watchdogs plan to check up on big international banks directly to see if they have improved compliance with globally-agreed bonus curbs.

The Financial Stability Board (FSB) said in a statement its latest review will survey supervisors and regulators as well as "a sample of major firms directly."

Saturday, May 07, 2011

Asian Financial Stability Board to launch as early as May

An Asian version of the Financial Stability Board will be launched as early as this month, with Korea likely to assume the co-chairmanship of the organization to comprise major Asian countries including Korea, China and Japan.

The launch of the board will add further momentum to regional financial integration recently been pursued by Asian countries.

Saturday, April 30, 2011

Financial Stability Board says standards being met

The Financial Stability Board (FSB) today published a report on the progress of its initiative to encourage the adherence of all countries and jurisdictions to regulatory and supervisory standards on international cooperation and information exchange.

Sunday, April 17, 2011

Banks' claims they will move abroad are 'empty threats' says Financial Stability Board boss Svein Andresen

Claims by banks that they will relocate to foreign shores in protest at strict new rules are largely empty threats, the global financial regulator has suggested.

Big banks in the UK and US have threatened to "migrate" if they are subjected to strict new regulations, taking tax revenues and future investment with them.

Saturday, April 16, 2011

Delays, divergence threaten swaps crackdown: FSB

Global efforts to rein in the over-the-counter derivatives market are being threatened by worrisome delays and divergent approaches, an international policy-coordinating panel said on Friday.

The Swiss-based Financial Stability Board (FSB) said it was "concerned" that many members of the Group of 20 wealthy nations may not meet an end-2012 deadline to tighten oversight of the $600 trillion OTC market for derivatives such as swaps.