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The Financial Stability Board

The Financial Stability Board latest

G20 Watchdog: COVID-19 Exposes Investment Fund Vulnerabilities
April 15th, 2020 - 07:00 GMT

G20 Watchdog: COVID-19 Exposes Investment Fund Vulnerabilities

Non-bank financial firms such as investment funds have exhibited vulnerabilities during the coronavirus crisis that may need fixing to help economies recover, a global regulatory watchdog said on Tuesday. The Financial Stability Board (FSB), which coordinates financial rules for the Group of 20 (G20) economies, said that although an initial wave of volatility has ebbed, markets remain under great strain and in some cases illiquid. FSB Chair Randal Quarles said ...
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