Financial Stability Board (FSB) publishes annual report on implementation and effects of financial regulatory reforms

Industry News | 16/10/19

The fifth annual report sets out recommendations that include: regulatory and supervisory bodies should lead by example in promoting the timely, full and consistent implementation of remaining reforms; frameworks for cross-border cooperation between authorities should also be enhanced; authorities should evaluate whether the reforms are achieving their intended outcomes; and financial stability authorities should continue to contribute to the FSB’s monitoring of emerging risks and stand ready to act if such risks materialise.