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25 September 2009
25 September 2009
The FSB is publishing today two reports submitted to G20 Leaders for their Pittsburgh Summit which cover policy measures for improving financial regulation and progress in implementing the London Summit recommendations for strengthening financial stability.
25 September 2009
The implementation standards focus on areas of the FSB Principles for Sound Compensation Practices where rapid progress is especially needed.
25 September 2009
The G20 Leaders at today’s Pittsburgh Summit endorsed the Charter formally establishing the Financial Stability Board (FSB).The Charter also sets out its objectives, mandate, membership and organisational processes.
The Implementation Standards set out detailed specific proposals on compensation governance, structure and disclosure to strengthen adherence to the FSB Principles for Sound Compensation Practices.
25 September 2009
At the London Summit, G20 Leaders set out actions to strengthen transparency and accountability, enhance sound regulation, promote integrity in financial markets and reinforce international cooperation. The Financial Stability Board (FSB) was asked to monitor progress in implementing these recommendations and to provide a report to the G20 Finance Ministers and Governors in November. This […]
25 September 2009
Improving Financial Regulation Report of the Financial Stability Board to G20 Leaders 1. Since the London Summit, the Financial Stability Board (FSB) and its members have advanced a major program of financial reforms based on clear principles and timetables for implementation that are designed to ensure that a crisis on this scale never happens again. […]
25 September 2009
Compensation at significant financial institutions is one factor among many that contributed to the financial crisis that began in 2007. Official action to address unsound compensation systems must therefore be embedded in the broader financial regulatory reform program, built around a substantially stronger and more resilient global capital and liquidity framework. Action in all major […]
15 September 2009
15 September 2009