The FSB published a progress report on reducing reliance on, and strengthening the oversight of, credit rating agencies, which is accompanied by an interim peer review on implementation of the FSB Principles for Reducing Reliance on CRA Ratings.
The FSB welcomes comments and responses to the questions raised in the consultative document by Thursday, 31 October 2013. Responses should be sent to [email protected].
The report examines the progress made in the US on three topics that are important for financial stability and relevant for the broader FSB membership: systemic risk oversight arrangements; supervision and oversight of FMIs; and insurance supervision.
The Financial Stability Board(FSB) published today the on the implementation of the FSB Principles for Sound Compensation Practices and their Implementation Standards (P&S) by FSB jurisdictions. The report finds that, while good progress continues to be made, more work needs to be done by national authorities and firms to ensure that implementation of the P&S […]
The Financial Stability Board (FSB) welcomes the publication of the progress report by the Enhanced Disclosure Task Force (EDTF) on the level and quality of the implementation oftheir report 'Enhancing the Risk Disclosures of Banks' in major banks' 2012 annual reports.
The FSB is today launching a public consultation on the application of the Key Attributes to non-bank financial institutions and on principles governing information sharing for resolution purposes.