Financial Stability Board Current Affairs, GK & News
The International Financial Services Centres Authority recently became an associate member of the International Organization of Securities Commissions (IOSCO). What are the benefits of IOSCO membership? The IOSCO works closely with the Financial Stability Board (FSB) and the G20 nations, to set up the standards that strengthen the securities markets. According to FSB, IOSCO membership ..
Category: Economy & Banking Current Affairs
After the global financial crisis of 2007, the G-20 has created an institution called Financial Stability Board to design sophisticated regulation measures for banks to prevent future bank failure. Beside this, the central banks of each country identify Domestic Systemically Important Banks (D-SIBs). While the Basel Committee on Banking Supervision (BCBS) started to identify big ..
Topics: Basel Committee on Banking Supervision • Central banks • Economic globalization • Economy • Finance • Financial regulation • Financial Stability Board • Global financial system • International finance institutions • Money • Systemic risk • Systemically important financial institution