FSB adds new emerging market members

The Financial Stability Board's (FSB) plenary meeting saw new emerging market members join, alongside a host of appointments to its standing committees.

Five new emerging market institutions joined during the meeting, held yesterday in Frankfurt. The ministries of finance for Argentina, Indonesia, Saudi Arabia and Turkey, plus the South African Reserve Bank, all became members.

The FSB says expanding the contingent of emerging market authorities is a "key objective" of its review of representati

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