FSB plans to tackle "shadow banking"

09/2/2011 | Reuters · Global Financial Strategy

The Financial Stability Board, set up by the Group of 20 nations, plans to draft rules governing the "shadow banking" industry. The board set up workstreams to focus on different areas, such as securitization and money market funds, for possible increased oversight. Policy recommendations will be made next year, the FSB said.

View Full Article in:

Reuters · Global Financial Strategy

Published in Brief: