This report explores the progress made in improving supervisory practices to achieve more intense and effective supervision since the recent financial crisis.
Supervision and Risk Management
FSB released three documents on latest steps in implementing the FSB’s policy framework for addressing the systemic and moral hazard risks associated with systemically important financial institutions (SIFIs).
In March 2011 the Financial Stability Board (FSB) published a thematic review of residential mortgage underwriting and origination practices. Based on the findings of the review, six recommendations were set out, one of which asked the FSB to develop an international principles-based framework for sound underwriting practices. After providing sufficient time for implementation, the FSB […]