Measure intended to make “too big to fail” banks resolvable without taxpayer support
The Financial Stability Board’s latest meeting focused on vulnerabilities affecting the global financial system
FSB report finds G20 countries failed to meet 2012 deadline
The financial crisis exposed a number of risk governance weaknesses in major financial institutions
Much work still needs to be done on securing recovery, sound banking system
Recommendations focus on five areas where policies are needed to mitigate potential systemic risks
“Significant work” ahead, says Carney
Recovery and resolution plans are required for all global systemically important financial institutions
Two banks added, three dropped and still no Canadian banks make the list
FSB releases latest progress report