Tag: FSB

Foster Stockbroking IPO conflict
February 26, 2019 BY Valentina Kirilova

ASIC bans Foster Stockbroking director for 3 years

The Australian Securities and Investments Commission (ASIC) today issued a statement banning Mark Joseph Hinsley from working in the financial services industry for a period of three years. This is the second ban issued by the Australian regulator this week. Hinsley was a director at Foster Stockbroking Pty Ltd (FSB) where he headed the investment…

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FSB publishes 2018 G-SIB list
November 16, 2018 BY Valentina Kirilova

FSB publishes 2018 G-SIB list

The Financial Stability Board (FSB) has just published the 2018 list of global systemically important banks (G-SIBs) using end-2017 data and an assessment methodology designed by the Basel Committee on Banking Supervision (BCBS). One bank (Groupe BPCE) has been added to the list and two banks (Nordea and Royal Bank of Scotland) have been removed…

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Stax Inc. teams up with Coleman Research
October 23, 2018 BY Valentina Kirilova

FSB reviews financial vulnerabilities and deliverables for G20 summit

The Financial Stability Board (FSB) Plenary met in Ottawa today. Market developments and vulnerabilities The Plenary discussed market developments and vulnerabilities in the global financial system. Members considered that, while global growth remained solid, it has become more uneven across economies, and some downside risks have begun to materialise. Increases in policy interest rates and…

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LeapRate interview: Defense against toxic flow, Jeff Wilkins speaks
October 10, 2018 BY Valentina Kirilova

FSB sets out potential financial stability implications from crypto-assets

The Financial Stability Board (FSB) has just published Crypto-asset markets: Potential channels for future financial stability implications report. This report sets out the analysis behind the FSB’s proactive assessment of the potential implications of crypto-assets for financial stability. The reports follows up on the initial assessment set out in the FSB Chair’s March 2018 letter to…

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July 16, 2018 BY Valentina Kirilova

FSB sets out framework to monitor crypto-asset markets

The Financial Stability Board (FSB) informed that it has published a report delivered to the G20 Finance Ministers and Central Bank Governors on the work of the FSB and standard-setting bodies on crypto-assets. For its part, the FSB has developed a framework, in collaboration with Committee on Payments and Market Infrastructures (CPMI), to monitor the…

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June 27, 2017 BY Valentina Kirilova

FSB issues a report on the financial stability implications from FinTech

The Financial Stability Board (FSB) announced that has been analysing the potential financial stability implications from FinTech with a view to identifying supervisory and regulatory issues that merit authorities’ attention. Ten areas have been identified, of which the following three are seen as priorities for international collaboration: the need to manage operational risk from third-party…

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March 13, 2017 BY Valentina Kirilova

The Financial Stability Board publishes consultation on UTI Governance

The Financial Stability Board (FSB) published a consultation document on Proposed governance arrangements for the unique transaction identifier (UTI). The consultation sets out proposals for the governance arrangements for a global UTI, as a key harmonised identifier designed to facilitate effective aggregation of transaction reports about over-the-counter (OTC) derivatives markets. G20 Leaders agreed at the…

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December 16, 2016 BY Valentina Kirilova

FSB consults on proposed guidance to support resolution planning and promote resolvability

The Financial Stability Board (FSB) has today issued for consultation two proposals for guidance on the implementation of its resolution standards which form part of the overall policy framework to end “too-big-to-fail”. Consultation on Guiding Principles on the Internal Total Loss-Absorbing Capacity of G-SIBs (Internal TLAC) G20 and FSB members made a commitment last year…

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