Financial Stability Board

    Market Infrastructure

    March Market Turmoil Highlighted MMF Vulnerabilities: IOSCO 

    By Manesh Samtani | 22/11/2020

    In a new report, IOSCO highlights the need for further reform to address vulnerabilities in certain types of non-public money market funds.

    Market Infrastructure

    LIBOR Transition Work Needs to Accelerate in Early 2021: FSB

    By Manesh Samtani | 21/11/2020

    In a progress report on global transition efforts, the FSB highlights slower progress in loan markets, which it says must be addressed urgently.

    Capital / Liquidity

    Progress of G-SIBs Toward Resolvability Deemed Satisfactory: FSB

    By Editors | 19/11/2020

    Most G-SIBs are estimated to already meet the final 2022 minimum external TLAC requirement, and the market has so far absorbed issuance without difficulty.

    ESG / Sustainability

    FSB to Address NBFI Vulnerabilities as Key Priority in Year Ahead

    By Manesh Samtani | 17/11/2020

    In a letter to the G20, the FSB outlines its key priorities for the year ahead, including work to address vulnerabilities in money market funds, open-ended funds, and bond markets.

    Capital / Liquidity

    FSB Finalises Guidance on Assessing CCP Financial Resources

    By Editors | 16/11/2020

    The guidance will support jurisdictions and authorities in determining whether there is a gap in the resources and tools available for CCP resolution.

    Capital / Liquidity

    Pandemic Was ‘First Major Global Test’ of Post-Crisis Reforms: FSB

    By Editors | 15/11/2020

    The pandemic raised questions of whether the flexibility provided in the Basel framework is actually used by FIs, for example in the case of bank capital and liquidity buffers.

    Capital / Liquidity

    FSB Publishes 2020 List of Global Systemically Important Banks

    By Editors | 11/11/2020

    JP Morgan and China Construction Bank were raised to a higher bucket; Goldman Sachs and Wells Fargo were moved to a lower bucket.

    Market Infrastructure

    FSB Advances Dialogue on Outsourcing, Third Party Relationships

    By Manesh Samtani | 09/11/2020

    An outage or failure at a single third party could create a single point of failure with potential adverse consequences for financial stability, the FSB says.

    ESG / Sustainability

    Korea Exchange Joins and Declares Support for TCFD

    By Sanday Chongo Kabange | 03/11/2020

    KRX joins the Ministry of Environment, Shinhan Financial Group, KG Financial Group, Posco and SK Innovation in declaring its support for the TCFD.

    Market Infrastructure

    Global UPI Adoption a Key Focus for DSB in Year Ahead

    By Editors | 28/10/2020

    The DSB has expanded its Technology Advisory Committee to reflect the geographic diversity that will underpin the global UPI implementation effort.

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