londonsummit.gov.uk - 4/2/2009
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to establish a new Financial Stability Board (FSB) with a strengthened mandate, as a successor to the Financial Stability Forum (FSF), including all G20 countries, FSF members, Spain, and the European Commission; that the FSB should collaborate with the IMF to provide early warning of ...
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G20: The FSForum is Dead, Long Life the FSBoard!
Conglomerate —
... But what about financial oversight? Well, the international effort to put all the regulators in one room has gone unswimmingly at the so-called Financial Stability Forum which, it seems, meets regularly but does little. I hear very little about the organization, and I try to listen. So what better than a reorg and a new name? Today, the G20 pledged ...
What Is the Market?
DealBook —
... on this issue back in January. And even from reading the bare-bones communique that came out of this week’s Group of 20 summit in London, it is clear that governments recognize that all systemically important financial institutions should come under regulation. Meanwhile, the G-20’s formation of a Financial Stability Board is an attempt to regulate the entirety of the financial market and its products and subdivisions. But there is a lurking issue: even the traditional markets may be irrevocably changed in nature. What do I mean? Well, take the public equity markets. Set ...
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