FSB to draw lessons from banking stress

Nature of vulnerabilities and speed of recent crisis call for review of regulation, Klaas Knot says

Klaas Knot
Klaas Knot
Photo: DNB

The Financial Stability Board is to conduct a review of the recent episode of banking stress, to draw lessons, “including for bank prudential and resolution frameworks”.

“The speed of developments in March, the precise nature of the vulnerabilities that crystallised and the associated market reactions provide important lessons for financial authorities,” said Klaas Knot, FSB chair and Netherlands Bank governor, in a letter to the Group of 20.

Knot said authorities in the US and Switzerland had

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 info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com 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