Were Post-Crisis G20 Reforms Effective? FSB Says Mostly Yes

[kreslik.news]

The Financial Stability Board (FSB), an international body that monitors and makes recommendations about the global financial system, has published its fourth annual report today ahead of the G20 Leaders’ Summit in Buenos Aires.

With more than a decade having past since the global financial crisis (GFC), the report takes a look at the implementation and effect of the post-GFC regulatory reforms of the G20 which were originally launched in 2009.

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The G20’s reform program aimed to fix the fault lines that led to the GFC. Specifically, it has four ... (read more)