Financial Stability Board
a.k.a. FSB
An international body set up in 2009 to monitor the global financial system and recommend rules to…
In plain English
An international body set up in 2009 to monitor the global financial system and recommend rules to prevent crises.
The Financial Stability Board brings together finance ministries, central banks and regulators from major economies, under the umbrella of the G20. It is hosted in Basel.
It identifies systemically important banks, coordinates reform and flags emerging risks. Its rules shape how big banks behave, though they work through national regulators.
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