FSB

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.

Final Report on Foreign Exchange Benchmarks

This report sets out reform recommendations for major FX benchmark rates, responding to concerns around the integrity of these rates.

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.

Cross-border Recognition of Resolution Action

This consultative document contains a set of proposals to achieve cross-border recognition of resolution actions and remove impediments to resolution. Comments are welcomed by 1 December 2014.

The Financial Crisis and Information Gaps – Fifth Implementation Progress Report

The report highlights the progress since the start of the Data Gaps Initiative (DGI) in 2009, provides benchmarks to determine when to call DGI recommendations complete, and outlines a future work plan.

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