ISTANBUL (Reuters) - Group of 20 finance officials look likely to reject a proposal to set countries specific investment targets to spur a global economy which appears increasingly reliant on the United States for growth.
Showing posts with label Financial Stability Board (FSB). Show all posts
Showing posts with label Financial Stability Board (FSB). Show all posts
9/28/2011
G-20 committee warns against over-reliance on big four banks
AUSTRALIA'S over-reliance on the big four banks poses systemic and "moral hazard" risks that would require policymakers and regulators to take action.
A new report from the Financial Stability Board -- a Switzerland-based sub-committee of the G20 -- has found that while the Australian banks were in good shape after the global financial crisis, governments should be alert to the lack of competition in the sector.
A new report from the Financial Stability Board -- a Switzerland-based sub-committee of the G20 -- has found that while the Australian banks were in good shape after the global financial crisis, governments should be alert to the lack of competition in the sector.
9/05/2011
G20 task force steps up work on shadow bank rules
The Financial Stability Board, a task force set up by world leaders to strengthen regulation, will step up work on new rules to supervise the multi-trillion dollar "shadow banking" sector.
The FSB said it has set up workstreams to focus on five areas for possible closer supervision, including how banks are linked to shadow banking entities, reform of money market funds and securitisation.
The FSB said it has set up workstreams to focus on five areas for possible closer supervision, including how banks are linked to shadow banking entities, reform of money market funds and securitisation.
8/18/2011
Insurers may escape capital surcharges from global regulators
(Reuters) - New rules to ensure no insurance company is too big to fail are set to be drawn up in time for the 2012 meeting of G20 leaders, although unlike banks they may not include capital surcharges, according to industry supervisors.
The proposed new rules, which the International Association of Insurance Supervisors (IAIS) is helping to draw up for the Financial Stability Board (FSB), are aimed at preventing a repeat of the problems seen at insurer AIG, which required a rescue by the U.S. government during the 2008 financial crisis.
The proposed new rules, which the International Association of Insurance Supervisors (IAIS) is helping to draw up for the Financial Stability Board (FSB), are aimed at preventing a repeat of the problems seen at insurer AIG, which required a rescue by the U.S. government during the 2008 financial crisis.
7/16/2011
G20 task force expected to endorse bank surcharges
(Reuters) - Global regulators are expected to give the green light on Monday to two measures they hope will shield taxpayers from having to rescue failed banks again.
The Financial Stability Board (FSB) meets in Paris to endorse the capital surcharge and bank resolution proposals that will be put out to public consultation ahead of final approval by leaders of the world's top 20 economies (G20) in November.
The Financial Stability Board (FSB) meets in Paris to endorse the capital surcharge and bank resolution proposals that will be put out to public consultation ahead of final approval by leaders of the world's top 20 economies (G20) in November.
Subscribe to:
Posts (Atom)