ARTICLE
3 December 2018

FSB Reports On G20 Reforms

CW
Cadwalader, Wickersham & Taft LLP

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Cadwalader, established in 1792, serves a diverse client base, including many of the world's leading financial institutions, funds and corporations. With offices in the United States and Europe, Cadwalader offers legal representation in antitrust, banking, corporate finance, corporate governance, executive compensation, financial restructuring, intellectual property, litigation, mergers and acquisitions, private equity, private wealth, real estate, regulation, securitization, structured finance, tax and white collar defense.
In its fourth annual report, the Financial Stability Board ("FSB") highlighted progress made under G20 financial reforms.
United States Finance and Banking

In its fourth annual report, the Financial Stability Board ("FSB") highlighted progress made under G20 financial reforms. The G20 reforms were intended to address the root causes of the global financial crisis and build a more resilient financial system.

The report highlighted the implementation status on various G20 goals, including bank resiliency and ending "too big to fail," as well as derivatives reform. FSB assessed the overall effects of the reforms on financial market infrastructure and incentives to clear derivatives. FSB also emphasized its future efforts to establish financial stability policy that "supports strong and sustainable growth" and to reinforce global regulatory cooperation.

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