The Chairman of the Financial Stability Board (FSB) reported to the G20 Finance Ministers and Central Bank Governors today on progress in the financial regulatory reform programme. In connection with this, the FSB is publishing today: a letter by the FSB Chair to the G20, sent ahead of their meeting, reporting on the good progress […]
Accounting and Audit Quality
15 February 2013
1. In 2006 the IASB and the FASB (the boards) agreed on a Memorandum of Understanding (MoU) that identified the short-term and longer-term convergence projects that would bring the most significant improvements to IFRSs and US GAAP. The MoU was updated in 2008. 2. The boards are close to completing the MoU programme: Most of […]
15 March 2012
18 July 2011
At its meeting in Paris today, the FSB assessed vulnerabilities affecting the financial system and the progress of initiatives in a variety of policy areas to address them. The meeting also approved the finalised arrangements for the establishment of Regional Consultative Groups to broaden the range of countries involved in the FSB’s work.
The review finds that FSB member jurisdictions have successfully prompted financial institutions to improve their disclosure of exposures to structured credit products.
20 October 2010
The Financial Stability Board (FSB) met today on key elements of financial reforms ahead of the G20 Summit in Seoul.
21 July 2010
The Monitoring Group, a group of international regulatory bodies and related organizations committed to advancing the public interest in areas related to international audit quality, announces the adoption of a formal Charter.