FSB finds implementation of non-bank reforms still ‘incomplete’

Bank for International Settlements, Basel
Photo: BIS

Jurisdictions worldwide have made some progress in tackling risks from the non-bank sector, but a decade of work has passed and many vulnerabilities still remain.

The Financial Stability Board assesses aspects of the implementation of its non-bank reform agenda to be “incomplete”. In other areas, it is still working to assess whether further reforms are needed.

In a progress report published today (January 18), the FSB says interlinkages between banks and non-banks are now less dangerous due

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