Financial Stability Board (FSB) reposted this
We’re excited to share our ongoing collaboration with the Financial Stability Board (FSB). Last week, we hosted a joint workshop focused on stress-testing, featuring insightful presentations from member authorities on stress testing OEFs and exploring their interconnections with the broader financial system. By sharing experiences and knowledge, we enhance our ability to monitor vulnerabilities in OEFs. This collaboration supports the implementation of the Revised FSB Recommendations 6 and 9, which focus on stress testing at both the individual fund and system-wide levels. Additionally, it aligns with IOSCO Recommendation 14, which emphasizes the importance of ongoing liquidity assessments in various scenarios, including fund-level stress testing. Thank you to the FSB for partnering with us on this important initiative. #IOSCO #LiquidityManagement #StressTesting #OEFs #GlobalCollaboration #FinancialStability
