Financial stability board : mandate and implementation of its systemic risks standards

Rolf H. Weber and Dominic N. Staiger

The aim of this essay is to provide an overview of the Financial Stability Board's (FSB) mandate and tools to safeguard financial stability and reduce systemic risks based on the methodological perspective of a legal analysis. It examines some of the recommendations that the FSB has published, with the aim of enhancing financial stability. In the second part of the paper, the complex problems that arise from implementing soft law recommendations, and the discretion granted to regulatory authorities, are discussed.

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Year of publication:	2014
Authors:	Weber, Rolf H. ; Staiger, Dominic Nicolaj
Published in:	International Journal of Financial Studies : open access journal. - Basel : MDPI, ISSN 2227-7072, ZDB-ID 2704235-2. - Vol. 2.2014, 1, p. 82-102
Subject:	best practices \| compliance \| FSB \| soft law \| systemic risks \| Systemrisiko \| Systemic risk \| Finanzkrise \| Financial crisis \| Regulierung \| Regulation \| Welt \| World \| Risikomanagement \| Risk management \| Bankenaufsicht \| Banking supervision \| Bankrisiko \| Bank risk

Type of publication:	Article
Type of publication (narrower categories):	Aufsatz in Zeitschrift ; Article in journal
Language:	English
Notes:	Systemvoraussetzung: Acrobat Reader
Other identifiers:	10.3390/ijfs2010082 [DOI] hdl:10419/103579 [Handle]
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10010373361