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Financial Stability Board (FSB)

Basel Committee ready for new members

The Basel Committee on Banking Supervision is set to confirm the appointment of seven new members within the next fortnight, according to a senior committee official.

Rethinking (operational) risk management

For operational risk managers to really make a difference to their firms' fortunes, they must be willing to get their hands dirty and face facts, no matter how scary the facts may be, says Sergio Scandizzo, in the second of a two-part series

Regulators push for operations changes

The derivatives industry is facing regulatory demands to improve operations-related issues. In recent weeks, both the President's Working Group on Financial Markets (PWG) and the Financial Stability Forum (FSF) have pushed dealers to enhance the…

FSF calls for rating agency changes to aid market

Banks, investors and rating agencies are bracing themselves for a barrage of new regulatory guidance, consultation papers and capital charges in the wake of a report by the Financial Stability Forum (FSF) on April 12, which made a series of…

Derivatives face regulatory scrutiny

The derivatives industry faces a period of heightened scrutiny by regulators, mirroring the supervisory review in the wake of a series of mis-selling scandals in the 1990s, warn bankers.

FSF warns of hedge fund risks

The growth of the hedge fund industry is hindering risk management and valuation processes and is putting margins under pressure, says a report by the Financial Stability Forum (FSF), issued on Friday (May 18).

FSF warns of weak credit risk management

After a two-day meeting in Sydney, the Financial Stability Forum has warned that the credit derivatives industry is still poorly prepared for a crisis, although the financial industry as a whole remains strong.

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