FSB says ‘significant work’ still needed on cross-border resolution

Elke König urges regulators not to lose “reform momentum”

The Bank for International Settlements, Basel
Photo: Ulrich Roth

Ten years on from the start of the global financial crisis, “significant work” is still needed to address gaps in cross-border resolution frameworks, the Financial Stability Board (FSB) warned on July 6.

In the latest of a string of documents published ahead of the weekend’s G20 meetings, the FSB said “obstacles” to cross-border resolution persist as regulators still need to finish co-operation agreements, including better information sharing, and promote “broad adherence” to protocols on

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

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

.