Share the article

RegulationsJuly 31 2019

FSB explores GSIB derivatives resolution planning

The Financial Stability Board appears to be attempting to move jurisdictions towards establishing a framework, or at the very least some common principles, for winding down the derivatives portfolio of a global bank should it get into serious trouble. By Justin Pugsley.

by Justin Pugsley

Share the article

What is happening?

In June, the Financial Stability Board (FSB) released a 10-page discussion and consultation paper entitled The Solvent Wind-down of Derivatives and Trading Portfolios, which mainly focused on the world’s 29 global systemically important banks (GSIBs), particularly those active in global derivatives markets.

To continue reading, join our community and benefit from

In-depth coverage across key markets
Comments from financial leaders and policymakers worldwide
Regional/country bank rankings and awards

Activate your free trial

Read Next

FCA launches review into Big Tech data

APRIL 24

FCA launches review into Big Tech data

UK regulator might ‘incentivise’ data sharing between Big Tech and financial services firms

UK regulator urges banks to stress test their private equity exposure

APRIL 23

UK regulator urges banks to stress test their private equity exposure

The Prudential Regulation Authority has presented the results of a review on banks' exposure to private equity

Banking groups call for caution as EU advances on common deposit insurance scheme

Risk management

APRIL 19

Banking groups call for caution as EU advances on common deposit insurance scheme

The scheme, first proposed in 2015, has long been stalled because of concerns from some states about sharing risk

Bankers square up to regulators on merger reform

APRIL 19

Bankers square up to regulators on merger reform

Radical new proposals to shake up bank takeovers in the US are testing bankers’ patience

Trending in The Banker