Annual report on implementation of resolution reforms takes stock of progress in making financial institutions resolvable.
Effective Resolution Regimes and Policies – Implementation
The FSB has designated resolution regimes as one of the priority areas for implementation monitoring. The task of regular monitoring and reporting in this area is carried out by the FSB Resolution Steering Group (ReSG) and its subgroups, such as the Cross-Border Crisis Management (CBCM) groups for banks, insurers and financial market infrastructures. Their activities include monitoring progress and promoting the effective implementation in substance and scope of the Key Attributes of Effective Resolution regimes in the bank and non-bank financial sectors.
The FSB reports on the status of implementation of resolution-related reforms in its Annual Report.
Status of implementation
View status of implementation of reforms in priority areas by FSB jurisdictions as reported in the latest FSB Annual Report to G20 (as of October 2023).
For further information, see the latest FSB resolution progress report (as of December 2023).
Annual Resolution Reports
15 December 2023
Annual report on implementation of resolution reforms.
7 December 2021
Annual report on implementation of resolution reforms.
18 November 2020
Annual report on implementation of resolution reforms.
14 November 2019
Annual report on implementation of resolution reforms.
15 November 2018
Annual report on the implementation of the reforms to help end “too-big-to-fail“”.
Sixth report on resolution reforms.
FSB’s fifth report to the G20 on progress in resolution including details on the Resolvability Assessment Process.
9 November 2015
The progress report provides an update on the FSB’s work to develop policy to allow for recovery and resolution of SIFIs.
12 November 2014
This report finds continuing, though incomplete, progress in the reform of resolution regimes and resolution planning and identifies areas where further work is needed.
2 September 2013
This report sets out the next steps for completing the policy measures and end the “Too Big To Fail” problem.
An update on the reforms initiated by jurisdictions to align national resolution regimes and institutional frameworks with the Key Attributes.
FSB Peer Reviews
16 March 2020
Peer review of the framework for bank resolution and deposit insurance in South Africa.
29 April 2019
Review of bank resolution planning in FSB member jurisdictions.
28 February 2018
Peer review examines Hong Kong’s implementation of OTC derivative market reforms and the framework for resolution of financial institutions.
26 February 2018
Peer review examines Singapore’s frameworks for macroprudential policy and resolution of financial institutions.
6 December 2017
Peer review examines Korea’s crisis management and resolution framework, and the regulation and supervision of non-bank depository institutions.
31 August 2017
Peer review examines Argentina’s macroprudential policy framework and the framework for crisis management and resolution.
21 December 2016
The peer review examines two topics relevant for financial stability in Japan: the macroprudential policy framework and the framework for resolution of financial institutions.
18 March 2016
This thematic peer review examines bank resolution powers, as well as any requirements for recovery and resolution planning and resolvability assessments for domestically incorporated banks, in FSB jurisdictions.
11 April 2013
The thematic peer review report evaluates FSB jurisdictions’ existing resolution regimes and planned changes to those regimes using the FSB Key Attributes for Effective Resolution Regimes for Financial Institutions as a benchmark, and makes recommendations to support its timely and consistent implementation.
