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.
Abbreviation | FSB |
---|---|
Formation | April 2009 |
Type | Verein |
Headquarters | London, United Kingdom |
Chairman | Mark Carney |
Secretary General | Dietrich Domanski |
Affiliations | Bank for International Settlements, G20 |
Staff (2017) | 33 |
Website | fsb |
Formerly called | Financial Stability Forum (FSF) |
Members include:
Abbreviation | FSB |
---|---|
Formation | April 2009 |
Type | Verein |
Headquarters | Basel, Switzerland |
Chairman | Mark Carney |
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 theEuropean Commission are members of this association. The board is hosted and funded by the Bank for International Settlements in Basel, Switzerland.
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