Thursday, 29 July 2021

FSB highlights need for resolution preparedness

The Financial Stability Board (FSB) today published its 2020 Resolution Report. The report updates on progress in implementing policy measures to enhance the resolvability of systemically important financial institutions and highlights the need for resolution preparedness. It also discusses lessons learnt from the COVID-19 pandemic, which confirmed the importance of ongoing work on resolvability, including for central counterparties (CCPs).

Re-disseminated by The Asian Banker