Financial Stability Board finalises Sifi measures

London's Canary Wharf at night

The Financial Stability Board (FSB) on Monday reviewed and approved a number of policy proposals to be submitted to the Group of 20 (G-20) summit in November.

In the meeting the FSB finalised a package of policy measures aimed at solving the 'too big to fail' problems posed by systemically important financial institutions (Sifis), taking into account the results of the public consultation over the summer.

The policy package will outline the key attributes of effective resolution regimes for fina