What is the Financial Stability Board (FSB)?
Q: What is the Financial Stability Board (FSB)?
A: 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).
Q: Who are members of this association?
A: Members include all G20 major economies, FSF members, and the European Commission. Hosted and funded by the Bank for International Settlements, board members also include Australia Department of Treasury Reserve Bank of Australia; Bank for International Settlements Basel Committee on Banking Standards; Canada Bank of Canada Department of Finance Office of 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 Singapore Monetary Authority Spain Banca Espana Ministerio de Economia y Competitividad Switzerland Swiss National Bank Swiss Federal Department Finance United Kingdom Bank England Financial Conduct Authority HM Treasury United States Board Governors Federal Reserve System US Department Treasury US Securities & Exchange Commission World Bank.
Q: Where is the board based?
A: The board is based in London, United Kingdom.
Q: What was its predecessor?
A: Its predecessor was the Financial Stability Forum (FSF).
Q: Who hosts and funds it?
A: It is hosted and funded by the Bank for International Settlements.
Q: When was it established?
A: It was established at the G20 summit in London, in April 2009.
