Financial Stability Board


FX scandal prompts tougher measures from FSB


A panel of global regulators, responding to a manipulation scandal that’s shaken the financial industry, backed measures to make it harder for traders to exploit key benchmarks in the $5.3 trillion-a-day currency market.

ICBC added to 'to big to fail' list

Too Big To Fail

Industrial & Commercial Bank of China was added to the list of too-big-to-fail banks as global regulators revised the roster of lenders that must hold extra capital to prevent another financial crisis.

The 9 'too-big-to-fail' insurers

Too Big To Fail

The list of nine too-big-to-fail insurers was published late Friday by the Financial Stability Board, the Basel, Switzerland-based body set up by the Group of 20 nations.