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]
 | |
| Abbreviation | FSB |
|---|---|
| Formation | April 2009 |
| Type | Verein |
| Headquarters | London, United Kingdom |
Chairman | Mark Carney[1] |
Secretary General | Dietrich Domanski |
| Affiliations | Bank for International Settlements, G20 |
Staff (2017) | 33 |
| Website | fsb |
Formerly called | Financial Stability Forum (FSF) |
Members include:
Australia
- Department of the Treasury
- Reserve Bank of Australia
Bank for International Settlements- Basel Committee on Banking Standards
Canada
- Bank of Canada
- Department of Finance
- Office of the Superintendent of Financial Institutions
European Union
- European Central Bank
- European Commission
France
- Authorite des Marches Financiers
- Banque de France
- Ministere de l'Economie et des Finances
Germany
- Bundesanstalt fur Finanzdienstleistungsaufsicht
- Bundesmknisterium der Finanzen
- Deutsche Bundesbank
Hong Kong
- Hong Kong Monetary Authority
- International Association of Insurance Supervisors
International Monetary Fund- International Organisation of Securities Commissions
Italy
- Banca d'Italia
- Commissione Nazionale per le Societa e la Borsa
- Ministero dell'Economia e delle Finanze
Japan
- Bank of Japan
- Financial Services Authority
- Ministry of Finance
Netherlands
- De Nederlandsche Bank
- Ministry of Finance
Singapore
- Monetary Authority of Singapore
Spain
- Banca Espana
- Ministerio de Economia y Competitividad
- Switzerland
- Swiss National Bank
- Swiss Federal Department of Finance
United Kingdom
- Bank of England
- Financial Conduct Authority
- HM Treasury
United States
- Board of Governors of the Federal Reserve System
- US Department of Treasury
- US Securities & Exchange Commission
- World Bank
| |
| Abbreviation | FSB |
|---|---|
| Formation | April 2009 |
| Type | Verein |
| Headquarters | Basel, Switzerland |
Chairman | Mark Carney[1] |
Secretary General | Dietrich Domanski |
| Affiliations | Bank for International Settlements, G20 |
Staff | 33 |
| Website | fsb |
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 the European Commission are members of this association. The board is hosted and funded by the Bank for International Settlements in Basel, Switzerland.[3]
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