Publications

Ongoing and Recent Work Relevant to Sound Financial Systems

Ongoing and Recent Work Relevant to Sound Financial Systems

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.

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.

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.

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. In so doing, authorities will be mindful of the impact interventions may have on the public purse and will, as far as possible: maintain incentives for financial institutions […]

FSB Report on Enhancing Market and Institutional Resilience – Update on Implementation

In its April 2008 Report on Enhancing Market and Institutional Resilience (“the FSF Report”), the Financial Stability Forum (FSF) and its member bodies issued a comprehensive set of recommendations reflecting a consensus, both internationally and cross-sectorally, on the actions needed to address the fundamental weaknesses that have been at the root of the present turmoil […]

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 […]

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 […]

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 […]

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