FSB calls out ‘uneven’ regulation as vulnerabilities evolve
Board cautions against complacency; Basel Committee says members are still missing deadlines
The Financial Stability Board has warned of the incomplete and uneven implementation of post-crisis reforms more than a decade on from the crisis, at a time when “vulnerabilities are evolving”.
“Despite continued progress, implementation of the reforms is not complete and remains uneven,” the FSB says in its annual progress report on regulatory reforms. “More work is needed,” it adds. The report highlights areas including resolution reforms for insurers and central counterparties, reporting of
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