On April 13, 2015, the Financial Stability Board initiated the second review of resolution regimes in FSB member jurisdictions. The goal of the review is to survey the scope of resolution powers that are available in FSB jurisdictions for the banking sector. As part of the review, the FSB invites feedback from financial institutions, industry associations, and other stakeholders on the implementation of reforms to resolution regimes. Feedback should be submitted to the FSB by May 8, 2015 and the peer review report will be published in early 2016.
The press release is available at: http://www.financialstabilityboard.org/2015/04/fsb-launches-second-peer-reviewon-resolution-regimes-and-invites-feedback-from-stakeholders/.
The details of the peer review are available at: http://www.financialstabilityboard.org/wp-content/uploads/PeerReview-on-Resolution-Regimes-abbreviated-TOR-for-public-feedback.pdf.
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