FSB’s agenda remains full going into 2017

Progress over past year includes loss absorbency, climate disclosure and shadow banking

The FSB is headquartered at the BIS

The Financial Stability Board (FSB) reviewed progress in the past year and laid out plans for its work in 2017, after members met in London on November 17.

Major areas of focus next year will include resolution of central counterparties (CCPs), tackling the decline in correspondent banking, climate-related disclosures, understanding and containing shadow banking risks, and analysis of the rise of fintech.

The movement to trade derivatives via CCPs has run ahead of efforts to ensure they can be

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