Financial Stability Board

Financial Stability Board
AbbreviationFSB
FormationApril 2009; 15 years ago (2009-04)
TypeVerein
HeadquartersLondon, United Kingdom
Chairman
Mark Carney[1]
Secretary General
Dietrich Domanski
AffiliationsBank for International Settlements, G20
Staff (2017)
33
Websitefsb.org
Formerly called
Financial Stability Forum (FSF)

The Financial Stability Board (FSB) is an international body that monitors and makes recommendations about the global financial system. It was established after the G20 London summit in April 2009 as a successor to the Financial Stability Forum (FSF). The Board includes all G20 major economies, FSF members, and the European Commission. Hosted and funded by the Bank for International Settlements, the board is based in London, United Kingdom.[2]

Members include:

  • AustraliaAustralia
    • Department of the Treasury
    • Reserve Bank of Australia
  • SwitzerlandBank for International Settlements
  • SwitzerlandBasel Committee on Banking Standards
  • CanadaCanada
    • Bank of Canada
    • Department of Finance
    • Office of the Superintendent of Financial Institutions
  • European UnionEuropean Union
    • European Central Bank
    • European Commission
  • FranceFrance
    • Authorite des Marches Financiers
    • Banque de France
    • Ministere de l'Economie et des Finances
  • GermanyGermany
    • Bundesanstalt fur Finanzdienstleistungsaufsicht
    • Bundesmknisterium der Finanzen
    • Deutsche Bundesbank
  • Hong KongHong Kong
    • Hong Kong Monetary Authority
  • SwitzerlandInternational Association of Insurance Supervisors
  • United NationsInternational Monetary Fund
  • FranceInternational Organisation of Securities Commissions
  • ItalyItaly
    • Banca d'Italia
    • Commissione Nazionale per le Societa e la Borsa
    • Ministero dell'Economia e delle Finanze
  • JapanJapan
    • Bank of Japan
    • Financial Services Authority
    • Ministry of Finance
  • NetherlandsNetherlands
    • De Nederlandsche Bank
    • Ministry of Finance
  • SingaporeSingapore
    • Monetary Authority of Singapore
  • SpainSpain
    • Banca Espana
    • Ministerio de Economia y Competitividad
  • SwitzerlandSwitzerland
    • Swiss National Bank
    • Swiss Federal Department of Finance
  • United KingdomUnited Kingdom
    • Bank of England
    • Financial Conduct Authority
    • HM Treasury
  • United StatesUnited States
    • Board of Governors of the Federal Reserve System
    • US Department of Treasury
    • US Securities & Exchange Commission
  • United NationsWorld Bank
Financial Stability Board
AbbreviationFSB
FormationApril 2009; 15 years ago (2009-04)
TypeVerein
HeadquartersBasel, Switzerland
Chairman
Mark Carney[1]
Secretary General
Dietrich Domanski
AffiliationsBank for International Settlements, G20
Staff
33
Websitefsb.org
Formerly called
Financial Stability Forum (FSF)

The Financial Stability Board (FSB) is an international organisation in the financial sector. It monitors the global funancial system, and make recommendation on how it can be improved. It was established at the G20 summit in London, in April 2009. The idea at the summit was to improve a solution that existed already, the Financial Stability Forum (FSF). The Financial Stability board is organised as an association: All G20 states, all participants of the FSF and theEuropean Commission are members of this association. The board is hosted and funded by the Bank for International Settlements in Basel, Switzerland.[3]

References

  1. ↑ 1.0 1.1 Steinhauser, Gabriele (31 March 2016). "Regulators Examine Financial Risks of Climate Change". Wall Street Journal.
  2. ↑ "Contact".
  3. ↑ "Contact".