Transcription of Strengthening Governance Frameworks to Mitigate …
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Strengthening Governance Frameworks to Mitigate …
Strengthening Governance Frameworks to Mitigate Misconduct Risk: A Toolkit for Firms and Supervisors 20 April 2018 The Financial Stability Board (FSB) is established to coordinate at the international level the work of national financial authorities and international standard-setting bodies in order to develop and promote the implementation of effective regulatory, supervisory and other financial sector policies. Its mandate is set out in the FSB Charter, which governs the policymaking and related activities of the FSB. These activities, including any decisions reached in their context, shall not be binding or give rise to any legal rights or obligations under the FSB s Articles of Association.
Widespread m isconduct in the financial sector on a broad scale creates mistrust, weakening the ability of markets to allocate capital to the real economy.
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