Financial Stability Board

66 results about this entity

Period: 11 Jan 2012 - 29 Apr 2024

Global regulators to probe fintech threats to financial stability

The Financial Stability Board is to evaluate the potential for systemic risk posed by emerging innovations in financial technology, a move which may mark the beginning of the end to the regulatory advantages enjoyed by fintech firms operating at the fringes of the financial services sector.

FSB releases progress report on reforms to FX benchmarks

The FSB today published a progress report on implementation of its September 2014 recommendations for reforms to foreign exchange (FX) benchmarks.

FSB moots creation of global utility for fixing FX benchmarks

The Financial Stability Board is canvassing views on the potential to develop a global order matching utility for fixing foreign exchange trades in an effort to clamp down on banks trading ahead of the daily benchmark rates.

Regulators slate financial firms for poor counterparty risk measures

Five years after the financial crisis, progress on timely and accurate counterparty risk measures has been largely unsatisfactory, reports the Financial Stability Board.

FSB sets out LEI scope and timetable

The Financial Stability Board has set out 35 recommendations for the development and implementation of a global Legal Entity Identifier (LEI) system that will uniquely identify parties to financial transactions.

FSB establishes LEI and CCP working groups

The BIS-backed Financial Stability Board has set up a working group to deliver concrete recommendations on governance issues relating to the management of new Legal Entity Identifiers (LEI) in the global securities markets.