The report assesses Canada’s progress in addressing regulatory and supervisory issues raised by the FSAP and provides an overview of market and regulatory developments since the FSAP was published.
The Central Bank of the United Arab Emirates hosted the inaugural meeting of the FSB Regional Consultative Group for the Middle East and North Africa in Abu Dhabi,UAE.
At its meeting today in Basel, the Financial Stability Board (FSB) discussed vulnerabilities currently affecting the global financial system and its work plan for 2012 to strengthen global financial regulation.
The Key Attributes are a new internationally-agreed standard that sets out the responsibilities, instruments and powers that national resolution regimes should have to resolve a SIFI as well as requirements for resolvability assessments and recovery and resolution planning for G-SIFIs.
FSB announces policy measures and implementation timelines for measures to address too-big-to-fail risks associated with systemically important financial institutions.