Jurisdictions have not finished implementing Basel III reforms to mitigate spillovers between banks and non-bank financial entities.
January 19, 2023Regulators will also prepare additional market stabilisation measures in case it becomes necessary to put them into operation quickly.
September 2, 2022MMFs will still be allowed to use the book value method if more than 30 percent of their assets are 'stable assets', the definition of which has been expanded.
April 5, 2022Sudden sharp movements in asset prices could spill over across the financial system and the unwinding of policy support could prompt insolvencies and credit losses.
October 29, 2021A letter to the G20 ministers from the FSB focuses on work to develop a more resilient NBFI sector and address challenges in cross-border payments.
October 12, 2021Enhancing MMF resilience will help address systemic risks and minimise the need for central bank interventions to support the sector, the FSB said.
October 12, 2021Covid-19 may yet test the resilience of the global financial system, as lenders could still face additional losses as support measures are unwound, the FSB warns.
July 14, 2021Requirements for MMFs could include capital buffers, higher liquidity requirements, or the removal of the stable NAV, among other options.
July 1, 2021The work programme includes initiatives to strengthen NBFI resilience, enhance cross border payments, and address climate change, among other priorities.
January 21, 2021The 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.
November 16, 2020