FSB launches review on shadow banking policy
The Financial Stability Board (FSB) has launched a review on the implementation of its policies on shadow banking.
The peer review will focus on the progress of the implementation of FSB policy framework for financial stability risks posed by non-bank financial entities other than money market funds, which the regulator refers to as "other shadow banking entities".
The review will evaluate the progress of jurisdictions in implementing the overarching principles set out in the framework.
In particular, it will assess shadow banking entities based on economic functions and adopt policy tools if necessary to mitigate any identified financial stability risks.
The peer review report will be published in early 2016.
As part of this peer review, the FSB invites feedback from financial institutions, industry and consumer associations as well as other stakeholders on the areas covered by the peer review.
Found this useful?
Take a complimentary trial of the FOW Marketing Intelligence Platform – the comprehensive source of news and analysis across the buy- and sell- side.
Gain access to:
- A single source of in-depth news, insight and analysis across Asset Management, Securities Finance, Custody, Fund Services and Derivatives
- Our interactive database, optimized to enable you to summarise data and build graphs outlining market activity
- Exclusive whitepapers, supplements and industry analysis curated and published by Futures & Options World
- Breaking news, daily and weekly alerts on the markets most relevant to you
