A new chapter has been added to the Code of Practice setting out the measures banks should have in resolution plans.
February 17, 2024Recovery plans should include a "framework of recovery triggers", an escalation process, a menu of recovery options, and a communication plan.
January 2, 2024The FSB will explore the adequacy of public sector backstop funding mechanisms and ways for resolution authorities to respond to the speed of bank runs.
December 18, 2023The RBA and ASIC will gain enhanced regulatory powers over financial markets, CS facilities, derivative trade repositories, and benchmark administrators.
December 17, 2023The FSB said its review of the Credit Suisse case validated the “appropriateness and feasibility” of the existing framework for resolving G-SIBs.
October 11, 2023The FDIC and KDIC will cooperate on risk monitoring, crisis management and resolution planning for FIs with operations in both countries.
October 3, 2023The guidance focuses on the measures banks should have in place to ensure continuity of access to FMI services in a resolution scenario.
September 1, 2023The report offers an analysis of the potential challenges associated with deploying uTLAC during periods of market-wide stress.
August 1, 2023FSB members also approved the high-level recommendations for crypto-assets and stablecoins, which will be submitted to the G20 for endorsement this month.
July 7, 2023CPS 900 will formally come into effect from 1 January 2024, but individual entities would only be subject to the requirements when notified by APRA.
May 18, 2023