Financial Stability Board

    Big Picture

    NGFS Publishes Preliminary Findings on Climate-related Data Gaps

    By Editors | 26/05/2021

    The availability of reliable climate-related data requires swift progress on disclosures, global taxonomy, and transparent and quality-assured metrics, the NGFS says.

    Capital / Liquidity

    Resolution Authorities Should Have Operational Independence: BIS

    By Ranamita Chakraborty | 12/05/2021

    The institutional location of the resolution function is commonly the central bank, prudential supervisor or deposit insurer. This decision often entails trade-offs.

    Capital / Liquidity

    Standard-setters Examine Margin Practices of Market Participants

    By Editors | 08/05/2021

    Market participants are invited to complete a survey as part of a review of margining practices in cleared and uncleared markets.

    Securities / Derivatives

    FSB Issues Guidance on Implementing SFT Data Standards

    By Editors | 13/04/2021

    The FSB has published FAQs to help national authorities implement the SFT Data Standards to facilitate global collection and aggregation of SFT data.

    Crypto / Digital Assets

    G20 to Use All Available Policy Tools for As Long As Required

    By Manesh Samtani | 11/04/2021

    G20 Finance Ministers and Central Bank Governors committed to avoiding any premature withdrawal of Covid-19 support measures, in line with the FSB’s recommendations.

    ESG / Sustainability

    NGFS, INSPIRE to Study Financial Risks of Biodiversity Loss

    By Editors | 07/04/2021

    The research will seek to understand how central banks and supervisory authorities can fulfil their financial stability mandates in the context of biodiversity loss.

    Big Picture

    Premature Withdrawal of Support May Threaten Financial Stability: FSB

    By Manesh Samtani | 07/04/2021

    As public support is phased out, the ability of banks and non-bank financial institutions to bear risks and provide financing will be critical, the FSB says.

    Capital / Liquidity

    No Material Negative Side Effects to TBTF Reforms: FSB

    By Editors | 03/04/2021

    Indicators of systemic risk and moral hazard moved in the right direction, suggesting that market participants view these reforms as credible, the FSB says.

    Big Picture

    DTCC Proposes Plan to Harmonise Global Trade Reporting

    By Manesh Samtani | 17/03/2021

    DTCC proposes plan to eliminate cross-jurisdictional differences in trade reporting standards to boost transparency and the monitoring of systemic risk.

    Enforcement

    US Fed Threatens Supervisory Action for Slow LIBOR Work

    By Manesh Samtani | 11/03/2021

    Guidance for examiners suggests supervisory actions for firms that are not ready to stop issuing LIBOR-based contracts by end-December.

    JOIN OUR NEWSLETTER

    A daily selection of top stories from the Regulation Asia editorial team