FSB sets out markers for intense, effective supervision of Sifis
The Financial Stability Board on Monday night issued recommendations in ten areas to ensure more "intense, effective and reliable" supervision of systemically important financial institutions (Sifis).
The ten areas covered by the board are: mandates; independence; resources; supervisory powers; improved techniques; consolidated supervision; continuous and comprehensive supervision; supervisory colleges and home-host relations; macroprudential surveillance; and using third party input in
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