Non-banks in focus as G20 leaders meet in Bali

FSB calls for action on liquidity mismatches and “hidden leverage”

Klaas Knot
Klaas Knot
Photo: DNB

The Financial Stability Board is urging G20 leaders to back reforms to non-bank financial intermediation (NBFI), a key global vulnerability, when they meet in Bali later this week.

Klaas Knot, FSB chair and governor of the Netherlands Bank, presented leaders with a proposal to repurpose existing tools to target NBFI vulnerabilities.

So far, the FSB has primarily focused on addressing liquidity mismatches, which played a leading role in the March 2020 market stresses, as well as margining

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account