Difference between revisions of "Financial Stability Board"

From CryptoMarketsWiki
Jump to: navigation, search
Line 1: Line 1:
{{Cboe_adbox}}
+
{{#vardefine:rNum|{{#rand:1|2}}}}{{#switch: {{#var:rNum}} | 1 =  {{Cboe_adbox_Corporate_Bond_Futures}} | 2  = {{Cboe_adbox_RMC_Munich_2019‎‎}} }}
 
{{Infobox_Company  <!-- Feel free to remove comments like this when you add real info -->
 
{{Infobox_Company  <!-- Feel free to remove comments like this when you add real info -->
 
| company_name = Financial Stability Board
 
| company_name = Financial Stability Board

Revision as of 15:38, 30 May 2019

Financial Stability Board
FSBlogo.jpg
Founded April 1999
Headquarters Basel, Switzerland
Products Global group of regulators
Twitter @FinStbBoard
LinkedIn Profile
Website FSB Forum
Releases Company News

(Page under construction)

The Financial Stability Board (FSB) is an entity established to coordinate at the international level the work of national financial authorities and international standard setting bodies and to develop and promote the implementation of effective regulatory, supervisory and other financial sector policies in the interest of financial stability.

FSB brings together national authorities responsible for financial stability in 24 countries and jurisdictions, international financial institutions, sector-specific international groupings of regulators and supervisors, and committees of central bank experts.

Full page on MarketsWiki

To read the full article on the Financial Stability Board, click on Marketswiki.gif to open a new tab with MarketsWiki.

Cryptocurrency

In July 2018, FSB published a report on the global implications of cryptocurrency. The report concluded that "crypto-assets do not pose a material risk to global financial stability at this time," yet recognized "the need for vigilant monitoring in light of the speed of market developments." In the report, the organization described a framework for monitoring the crypto markets, in collaboration with the Committee on Payments and Market Infrastructures (CPMI). This framework included metrics on trading volumes, pricing, clearing and margining for crypto-asset derivatives.[1][2]

In October 2018, the FSB published another report saying that cryptocurrency poses numerous threats to global financial stability, though the threat is not yet "significant" due to the limited size of the market.[3]

References