Financial Stability Board
Global financial watchdogs to ramp up monitoring of AI
The FSB warns that widespread use of identical AI models and chips could trigger herd-like behaviour
Shadow banks are too big to stay in the shadows
Mega hedge funds are so critical to modern finance that they should be regulated more like lenders
Bank of America down a notch on ‘too big to fail’ list
THE body that monitors the global financial system on Tuesday (Nov 26) moved US lender Bank of America down a notch and French counterpart Credit Agricole up one on its “too big to fail” list of banks...
Global efforts to curb financial risks outside banks are losing momentum, FSB warns
GLOBAL efforts to tame ballooning risks outside the banking system are losing steam, the Financial Stability Board (FSB) said on Monday (Jul 22), with a top official warning it will take longer than e...
Global regulators want to better prepare funds for margin calls
GLOBAL regulators proposed a package of measures to ensure hedge funds and other investors from outside the banking sector are better able to cope with margin and collateral calls in times of market s...
Bank resolution framework would work for UBS, FSB says
THE current bank resolution framework would work if UBS Group got into trouble and there was no takeover by another bank possible, according to the secretary general of the Financial Stability Board (...
Global watchdog to report in October on how social media fuels bank runs
GLOBAL financial regulators will present the G20 in October their findings from a “deep dive” on how social media can speed up bank deposit outflows and whether changes to liquidity rules are needed, ...
Global banking watchdog dismisses need for change after Credit Suisse debacle
A global body with banking oversight has played down the rescue of Credit Suisse, saying there was no need for an overhaul of international rules written after the global financial crash more than 15 ...
