More Work Is Needed To Make Big Banks Resolvable – Analysis eurasiareview.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from eurasiareview.com Daily Mail and Mail on Sunday newspapers.
<p><span>The Financial Stability Board (FSB), the Committee on Payments and Market Infrastructures (CPMI) of the Bank for International Settlements and the International Organization of Securities Commissions (IOSCO) have today published a </span><a href="https://www.iosco.org/library/pubdocs/pdf/IOSCOPD697.pdf" target=" blank">report</a><span> analysing existing financial resources and tools for central counterparty (CCP) recovery and resolution, which confirmed the need for further work on CCP financial resources.</span></p>
<p><span>The Financial Stability Board (FSB) has appointed Martin J. Gruenberg, Acting Chairman of the US Federal Deposit Insurance Corporation (FDIC), as Chair of the FSB’s Resolution Steering Group (ReSG), effective 15 February 2022.</span></p>
<p><span>The Financial Stability Board (FSB) today published a </span><a href="https://www.fsb.org/2021/12/bail-in-execution-practices-paper/">Practices Paper on the Execution of Bail-in</a><span>.</span></p>
RIYADH: The G20's Financial Supervisory Board (FSB) has appointed the Saudi Central Bank Governor Fahd Al-Mubarak as chair of the Standing Committee on Standards Implementation (SCSI), SPA reported. This came during the FSB's general session virtual meeting on Monday. The SCSI conducts peer reviews for members of the FSB, encourages global adherence to international financial