Preparations to avoid taxpayer bailouts still need work: report
A new report evaluates the implementation of post-crisis reforms
A report says there's been limited implementation in the past year
Initiative to improve oversight of the financial sector through data collection was launched in 2009
Efforts designed to enable regulators to better assess systemic risk
International policy group developed measures to boost financial sector resilience
Group says responses will be used to help develop best practices
Report finds banks are meeting — or exceeding — their target requirements
Innovations such as blockchain technology, crowdfunding and peer-to-peer lending pose novel risks and benefits to the financial system, suggests a new report published Thursday by the Financial Stability Board (FSB), an international body that monitors and makes recommendations about the global financial system. The report from the Basel, Switzerland-based organization examines the implications of decentralizing […]
Both groups have published reports that seek to address the issue