Innovations such as blockchain technology, crowdfunding and peer-to-peer lending pose novel risks and benefits to the financial system, suggests a new report published Thursday by the Financial Stability Board (FSB), an international body that monitors and makes recommendations about the global financial system. The report from the Basel, Switzerland-based organization examines the implications of decentralizing […]
Both groups have published reports that seek to address the issue
Overnight risk-free rates would "enhance financial stability," FSB says
International policy-maker aims to improve the process of resolving systemically important banks
The assets may not fall under the jurisdiction of traditional securities regulators
Policy group plans to launch online survey to identify best practices
The FSB is assessing the effectiveness of the post-crisis response
The directory summarizes the responsibilities of regulators and other authorities when it comes to crypto-asset issues
The review will look at how post-crisis reforms have impacted financing
International group cites shadow banking, rapid industry innovation and cybersecurity breaches as potential risks