Corporate and Financial Stability Board: Difference between pages

From ACT Wiki
(Difference between pages)
Jump to navigationJump to search
imported>Administrator
(CSV import)
 
imported>Doug Williamson
(Expand.)
 
Line 1: Line 1:
1. ''Noun''. A non-financial business organisation usually, but not always, being a company.
''Financial markets supervision''.


2. ''Adjective''. Relating to a large organisation, often a profit seeking organisation (including banks and other financial institutions).
(FSB).  
 
The Financial Stability Board was established by the G20 to coordinate, at the international level, the work of national financial authorities and international standard setting bodies (SSBs).  
 
 
The Board is established to:
 
# Develop and promote the implementation of effective regulatory, supervisory and other financial sector policies, and
# Thereby promote international financial stability.
 
 
The FSB consists chiefly of central banks, government departments and other national financial and monetary authorities, international standard setting bodies and other groupings.
 
In the event of future crises, the FSB stands ready to coordinate cross-border crisis management.


3. ''Adjective''. Relating to the more formal (or even bureaucratic) aspects of large profit seeking organisations.


== See also ==
== See also ==
* [[Company]]
* [[Basel Committee on Banking Supervision]]
* [[Basel III]]
 
* [[EDTF]]
* [[Moral hazard]]
* [[Standard Setting Body]]
* [[G20]]
* [[MCT]]

Revision as of 12:41, 30 October 2016

Financial markets supervision.

(FSB).

The Financial Stability Board was established by the G20 to coordinate, at the international level, the work of national financial authorities and international standard setting bodies (SSBs).


The Board is established to:

  1. Develop and promote the implementation of effective regulatory, supervisory and other financial sector policies, and
  2. Thereby promote international financial stability.


The FSB consists chiefly of central banks, government departments and other national financial and monetary authorities, international standard setting bodies and other groupings.

In the event of future crises, the FSB stands ready to coordinate cross-border crisis management.


See also