On September 25, 2014, the Bank for International Settlements published a press release which summarizes the discussion on progress of post-crisis reforms at the meeting of banking supervisors and central bankers in China. The press release sets out next steps for dealing with globally systemically important banks, the net stable funding ratio (the final standard will be released in the coming weeks), revising corporate governance guidance, securitization standards and improving consistency in bank capital ratios.

The press release is available at: http://www.bis.org/press/p140925.htm.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.