By Financial Stability Board
The Financial Stability Board released a progress report that describes progress over the past year and planned work by the Board, as well as by standard-setting bodies (SSBs) and other international organisations, to enhance the resilience of non-bank financial intermediation (NBFI) under the FSB’s NBFI work programme.
The report addresses factors that contribute to large liquidity imbalances in NBFI and their amplification in times of stress is critical for financial stability.
Link: Enhancing the Resilience of Non-Bank Financial Intermediation: Progress report