This group represents industrial and emerging economies, standard setting bodies and international financial institutions. In September 2001, it reported on progress made towards increasing market and official incentives for countries to implement international standards for their financial systems. The final report is satisfied with progress, but calls for increased efforts at: increasing the effectiveness […]
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6 September 2001
29 August 2001
The Financial Stability Forum (FSF) published today a report by Howard Davies, Chairman of the UK FSA and Chairman of an earlier FSF Working Group, on progress in implementing recommendations endorsed by the FSF last year to address concerns about Highly Leveraged Institutions (HLIs). The recommendations addressed the systemic risks raised by the near collapse […]
29 April 2001
1. Summary and recommendations This report contains recommendations for improving the public disclosure practices of financial intermediaries. These recommendations are being put forward by a Multidisciplinary Working Group on Enhanced Disclosure (the Working Group), jointly sponsored by the Basel Committee on Banking Supervision (BCBS), the Committee on the Global Financial System of the G-10 central […]
2 April 2001
23 March 2001
This is a progress report on the recommendations of the Working Group created at the FSF’s inaugural meeting in April 1999, under the chairmanship of Mr Howard Davies, Chairman, Financial Services Authority, UK, to review the implications of Highly Leveraged Institutions (HLIs) for global stability. The report notes that good progress is being made to […]