FSB Asia Regional Consultative Group holds first meeting

A view of Seoul in South Korea

The Financial Stability Board (FSB) Regional Consultative Group for Asia held its inaugural meeting on Monday in Seoul, Korea.

The Bank of Korea hosted the meeting wherein members discussed the FSB's workplan and policy priorities, major financial regulatory reforms and their impacts, and vulnerabilities and regional financial stability issues.

The recently announced framework for systemically important financial institutions was a hot topic at the gathering, as was the Basel III capital

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