FINANCIAL STABILITY BOARD

Market Infrastructure

BCBS Publishes Report on Cyber-Resilience Practices Across Jurisdictions

By Editors | 05/12/2018

The report identifies, describes and compares the range of observed bank, regulatory and supervisory cyber-resilience practices across jurisdictions.

Market Infrastructure

G20 Financial Regulatory Reform Agenda On Track – FSB

By Garima Chitkara | 30/11/2018

Basel III and OTC derivatives reforms were on track and broadly achieving their intended goals. High public debt and rising non-bank financial intermediation remain a focus area for the FSB.

Market Infrastructure

FSB Releases Data Framework on Bank Compensation Practices

By Garima Chitkara | 26/11/2018

The FSB has recommended a data framework for national regulators to assess bank compensation policies and practices in regard to misconduct risk.

Market Infrastructure

More Work Required to Remove Legal Barriers to Trade Reporting – FSB

By Garima Chitkara | 22/11/2018

While a number of legal barriers on reporting and accessing of trade data have been removed, some still remain. China’s position on trade data access remains uncertain.

Big Picture

“Good Progress” On OTC Reform Among G20 Nations – FSB

By Garima Chitkara | 21/11/2018

The FSB found progress in OTC reform implementation on among 24 member jurisdictions, with great strides on trade reporting and higher capital on non-centrally cleared derivatives.

Market Infrastructure

Some Aspects of Post-Crisis Reform Disincentivise Central Clearing

By Manesh Samtani | 20/11/2018

A joint report from the FSB, BCBS, CPMI and IOSCO confirms earlier findings that some aspects of post-GFC reform may not incentivise central clearing of OTC derivatives.

Market Infrastructure

FSB Urges More Progress on CCP Resolution Regimes

By Garima Chitkara | 20/11/2018

Progress to enhance the resolvability of SIFIs is advanced in the banking sector, but most jurisdictions do not yet have a comprehensive resolution regime for CCPs in place.

Capital / Liquidity

Royal Bank of Scotland Removed From G-SIB List

By Garima Chitkara | 19/11/2018

The Financial Stability Board has added France’s Groupe BPCE to its 2018 list of global-systemically important banks and removed RBS and Nordea.

Market Infrastructure

FSB Issues Progress Report on Interest Rate Benchmark Reform

By Manesh Samtani | 15/11/2018

The FSB notes progress to strengthen major IBORs and identify RFRs and other alternative reference rates, highlighting actions taken in Australia, Hong Kong and Singapore.