
FSB’s Andresen: liquidity risks were underpriced pre-crisis
Top staffer at FSB addresses liquidity, bank risk data and securities financing risks in a wide-ranging interview

For an establishment that aims to unify the regulatory community, the Financial Stability Board, set up in 2009 by the G20 to succeed the Financial Stability Forum (FSF), can be remarkably divisive.
The output of the FSB's small team is impressive, but it does at times draw criticism. In June last year, for example, the former head of the UK Financial Conduct Authority, Martin Wheatley, defended asset managers against FSB proposals to designate them as critical to market stability. Daniel
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