Financial Stability Board

E34497

The Financial Stability Board is an international body that monitors and makes recommendations about the global financial system to promote stability and coordinate regulatory policies among major economies.

Aliases (1)

Statements (62)
Predicate Object
instanceOf international financial institution
international organization
abbreviation FSB
cooperatesWith Bank for International Settlements
Basel Committee on Banking Supervision
Committee on Payments and Market Infrastructures
International Association of Insurance Supervisors
International Monetary Fund
International Organization of Securities Commissions
Organisation for Economic Co-operation and Development
World Bank
fieldOfWork climate-related financial risks
crypto-asset regulation
derivatives markets
financial regulation
financial stability
macroprudential policy
over-the-counter derivatives reform
resolution of financial institutions
shadow banking
systemic risk
too-big-to-fail reforms
follows G20 Leaders’ Summits decisions
foundedBy G20
governingBody FSB Plenary
hasChair Klaas Knot
hasMember FSB member jurisdictions
G20 countries
international financial institutions
international standard-setting bodies
hasOfficialLanguage English
hasOrgan Regional Consultative Groups
Standing Committees
Steering Committee
hasPredecessor Financial Stability Forum
headquartersLocation Basel, Switzerland
inception 2009
legalStatus informal international body
locatedIn Switzerland
mandate assess vulnerabilities affecting the global financial system
identify and review regulatory, supervisory and related actions needed to address vulnerabilities
monitor implementation of agreed financial sector policies
promote coordination and information exchange among authorities responsible for financial stability
meetsAt Bank for International Settlements
memberOf G20 financial architecture
parentOrganization Bank for International Settlements
produces annual reports on implementation of financial reforms
guidance for national authorities
lists of global systemically important banks
lists of global systemically important insurers
peer review reports
policy frameworks
standards and recommendations for financial regulation
purpose address vulnerabilities in the global financial system
coordinate financial regulation among major economies
develop and promote implementation of effective regulatory, supervisory and other financial sector policies
monitor global financial system
promote international financial stability
replaced Financial Stability Forum
reportsTo G20 finance ministers and central bank governors
G20 leaders
website https://www.fsb.org/


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