Press

FSB welcomes industry initiative to remove cross-border close-out risk

The FSB welcomes the announcement today by the International Swaps and Derivatives Association (ISDA) of the agreement of a protocol to the ISDA Master Agreement as an important step to improve the effectiveness of cross-border resolution actions.

Statement by Mark Carney Chairman of the Financial Stability Board to the International Monetary and Financial Committee

This statement includes an assessment of progress in financial reforms and highlights the remaining challenges.

FSB RCG MENA meets in Dead Sea, Jordan

The Central Bank of Jordan hosted the sixth meeting of the FSB Regional Consultative Group for the Middle East and North Africa (RCG-MENA) in Dead Sea, Jordan.

FSB RCG SSA meets in Cape Town, South Africa

The South African Reserve Bank hosted the sixth meeting of the Financial Stability Board (FSB) Regional Consultative Group (RCG) for Sub-Saharan Africa in Cape Town, South Africa.

FSB releases its Final Report on Foreign Exchange Benchmarks

This report sets out a number of recommendations for reform in the FX markets and in the benchmark rates that have been identified as pre-eminent by market participants.

FSB welcomes the 2014 EDTF Report on Implementation of the EDTF Principles and Recommendations

The FSB welcomes the publication of the second progress report by the EDTF which assesses the implementation in major banks' 2013 annual reports of the EDTF principles and recommendations.

FSB consults on Cross-Border Recognition of Resolution Action

The FSB invites comments on this consultative document, including responses to the questions. Comments and responses should be sent to [email protected] by 1 December 2014.

FSB publishes Feasibility Study on Aggregation of OTC Derivatives Trade Repository Data

The FSB publishes today a final version of its study of the feasibility of various options for a mechanism to produce and share global aggregated OTC Derivatives data.This press release describes the steps that the FSB has agreed should be taken to follow up on the recommendations of the feasibility study.

FSB Plenary meets in Cairns, Australia

At its meeting in Cairns, the FSB discussed vulnerabilities affecting the global financial system and reviewed work plans for completing core financial reforms.

Testimony on Dodd-Frank Act before the Committee on Banking, Housing, and Urban Affairs, U.S. Senate

Statement by Daniel K. Tarullo, Member Board of Governors of the Federal Reserve System before the Committee on Banking, Housing, and Urban Affairs, U.S. Senate, Washington, D.C.

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