FSB Lays Out More Regulatory Deadlines To G-20

mark-carney-financial-stability-board

The chairman of the Financial Stability Board (FSB), Mark Carney, has set additional deadlines for accounting standards, phases of Basel III implementation, implementing identifiers for systemically important insurers, and central clearing of reporting of trades. He has communicated these deadlines to central bank governors and ministers of Group of Twenty (G-20) countries.

Carney and the FSB have asked the G-20 officials to instruct the IASB and FASB accounting standards boards to draft a road

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