Regulators to examine the problem of employees that leave one firm amid suspected misconduct, only to turn up at another firm in the industry
Expanded membership and broader mandate
The Financial Stability Forum announced that it has decided to expand its membership to include all the members of the G20.
Report identifies key weaknesses underlying market turmoil and recommends actions to enhance market resilience
Firms failed to control risks of concentrated exposure to securitizations of U.S. subprime mortgage-related credit
Interim report to G7 finance ministers and central bank governors released
Officials review progress on FSF report on highly leveraged institutions
The Financial Stability Forum met in New York over the past couple of days, noting that it sees signs of stability in money markets, but saying it will take time to fully work out. It plans to study possible regulatory responses.FSF members noted signs of stabilization in money markets, and to some extent in credit […]
Draghi succeeds Ferguson