Subsequent to its meeting in Washington on 14 April, the Financial Stability Forum has issued terms of reference for and appointed chairmen of three ad hoc working groups: a group chaired by Mr Howard Davies, Chairman of the UK Financial Services Authority, has been asked to recommend actions to reduce the destabilising potential of institutions […]
11 May 1999
The first meeting of the Financial Stability Forum created by the G7 Ministers and Governors at their meeting in Bonn on 22 February 1999, will be held at the IMF in Washington on 14 April. The Forum has been established to promote information exchange and co-ordination among the national authorities, international institutions and international regulatory […]
20 February 1999
11 February 1999
Report by Hans Tietmeyer, President of the Deutsche Bundesbank
This paper sets out sound practice standards for the management of counterparty credit risk inherent in banks' trading and derivatives activities with highly leveraged institutions (HLIs).
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