FSB calls for action as regulatory deadlines pass
Mark Carney urges G20 to stay disciplined as global growth begins to fade
The Financial Stability Board has called for fresh efforts to implement post-crisis reforms, as several G20 jurisdictions miss deadlines.
The FSB’s latest annual implementation report, published today (November 28), shows several gaps in key parts of the Basel III framework and other reforms.
The leverage ratio and net stable funding ratio (NSFR) have proven particularly problematic. Australia and Japan have not yet even published proposals for the leverage ratio, despite the deadline having
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