Financial Stability Board
Michael Bloomberg Pushes Companies to Reveal Climate Risk
A hotter planet comes with a big price tag, warns the billionaire head of a new global task force on climate-related financial disclosure.
June 1, 2016
Banks of Tax Haven Mauritius Pursue Wealth Management
A major source of foreign direct investment in India, the island nation is now looking to serve ultrarich African clients.
February 27, 2015
Critics See Unintended Risk in Proposed Changes to Repo Market Rules
The Financial Stability Board has suggested tough new regulations for the repo, or repurchase, market, which lets financial institutions borrow cash by putting up securities as collateral.
February 13, 2013
FSB: Need For Speed On OTC Derivs Reform
The Financial Stability Board has warned that countries must step up pace to meet the Group of Twenty deadline for implementing laws to regulate the $600 trillion over-the-counter derivatives market.
October 12, 2011
iShares Warns On Synthetic ETF Risks
Europe’s largest ETF manager iShares has cautioned that the providers of some ETFs are not taking appropriate measures to prove their products are safe.
August 15, 2011
Skandia: Advisers Concerned About ETFs
Advisers are getting influenced by warnings issued by regulators about exchange-traded funds as per a survey conducted by Skandia.
August 3, 2011
EU, U.S. Banks Criticized For Trying To Weaken Basel III
Mario Draghi, governor of the Banca D’Italia and chairman of the Financial Stability Board, has criticized European and U.S. banks for trying to weaken new rules adopted by the Basel Committee on Banking Supervision, reports GFS News.
June 16, 2011
U.S. Treasury Seeks Global Derivs Rules
U.S. Treasury secretary Timothy Geithner is seeking new global rules to govern the $600 trillion derivatives market.
June 6, 2011
Basel Requirements Could Hit 26 Firms
The Basel Committee on Banking Supervision proposal to force systemically important firms to meet’ higher capital requirements could affect between 15 and 26 institutions globally, reports Bloomberg.
June 6, 2011
FSB To Question Banks On Comp Policies
The Financial Stability Board plans to question banks and regulators on implementation of compensation guidelines adopted by the European Union, reports Bloomberg.
May 20, 2011