FSB consultation sets out progress in implementing policy framework and main findings of the review
Financial Stability Board peer review sets out principles that authorities should adhere to in their oversight of non-bank financial entities posing financial stability risks from shadow banking. These principles involve: i) defining and updating the regulatory perimeter; ii) collecting information and assessing shadow banking risks; iii) enhancing public disclosure to help market participants understand these risks; iv) adopting appropriate policy tools to mitigate identified risks; and v) participating in an information-sharing exercise within the FSB on assessments and tools.
Publisher:
Global Standard-Setting Bodies
Release date:
May 2016
Type:
Consultative, discussion and issues paper
Topics:
Shadow banking, Systemic risk
Sectors:
Banking, Insurance, Pensions, Securities
|