Financial Stability Board definition

Financial Stability Board means the organisation established by the Group of Twenty (G20) in April 2009;

Financial Stability Board means the Financial Stability Board established after the G20 London summit in April 2009 as a successor to the Financial Stability Forum.

Financial Stability Board means an independent board 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;

Examples of Financial Stability Board in a sentence

• According to the Financial Stability Board (FSB), an appropriate risk appetite framework (RAF) should enable risk target, risk appetite, risk limits and risk profile to be considered for business lines and legal entities as relevant, and within the group context.

• The Tax Justice Network compiles a Financial Secrecy Index,1 which ranks jurisdictions according to their level of secrecy and the scale of their offshore financial activities (Tax Justice Network, 2018).As this paper examines the broad activities of IFCs, it adopts a definition based on financial activity, drawing on the approaches used by the IMF and Financial Stability Board.

• Yet, regulation is still set largely in a national context.Without consistent supervision and regulation, financial institutions will tend to move their activities to jurisdictions with looser standards, creating a race to the bottom and intensifying systemic risk for the entire global financial system.The United States is playing a strong leadership role in efforts to coordinate international financial policy through the G-20, the Financial Stability Board, and the Basel Committee on Banking Supervision.

• But if we do not receive the premium for an insured person within the grace period, cover for that insured person will lapse and we will pay no benefits.

• He also served as RBI’s nominee on the Financial Stability Board (G20 Forum) and its various committees.

More Definitions of Financial Stability Board

Financial Stability Board means the international body of that name, established in April 2009, that monitors and makes recommendations about the global financial system.

Financial Stability Board means the Financial Stability Board (or any successor or replacement organisation from time to time).

Financial Stability Board means the Financial Stability Board established after

Financial Stability Board means the organisation established in April 2009 to coordinate at the international level the work of national financial authorities and international standard setting bodies and to develop and promote the implementation of effective regulatory, supervisory and other financial sector policies, bringing together national authorities responsible for financial stability in significant international financial centres, international financial institutions, sector-specific international groupings of regulators and supervisors, and committees of central bank experts.

Financial Stability Board means the Financial Stability Board established after the G20 London summit in April 2009 as a successor to the Financial Stability Forum. “Floor” means the benchmark rate floor, if any, provided in this Agreement initially (as of the execution of this Agreement, the modification, amendment or renewal of this Agreement or otherwise) with respect to the Applicable Index. “NYFRB” means the Federal Reserve Bank of New York. “Relevant Governmental Body” means (1) with respect to a Benchmark Replacement in respect of Dollar Advances, the Federal Reserve Board and/or the NYFRB, or a committee officially endorsed or convened by the Federal Reserve Board and/or the NYFRB or, in each case, any successor thereto and (2) with respect to a Benchmark Replacement in respect of Advances in Available Currencies other than Dollars, (i) the central bank for the currency in which such Benchmark Replacement is denominated or any central bank or other supervisor which is responsible for supervising either (A) such Benchmark Replacement or (B) the administrator of such Benchmark Replacement or (ii) any working group or committee officially endorsed or -91- convened by (A) the central bank for the currency in which such Benchmark Replacement is denominated, (B) any central bank or other supervisor that is responsible for supervising either (1) such Benchmark Replacement or (2) the administrator of such Benchmark Replacement, (C) a group of those central banks or other supervisors or (D) the Financial Stability Board or any part thereof. “Unadjusted Benchmark Replacement” means the applicable Benchmark Replacement excluding the related Benchmark Replacement Adjustment.

Financial Stability Board means the Financial Stability Board established in accordance with the act governing macro-prudential supervision of the financial system.

Financial Stability Board means the international body of that name, established in April 2009, that monitors and makes recommendations about the global financial system. “First Amendment Effective Date” means February 19, 2020. “First Amended & Restated Credit Agreement” has the meaning specified in the introductory statements hereto. “Flood Insurance Policy” has the meaning specified in Section 5.01(c)(iii). “Flood Laws” means the National Flood Insurance Act of 1968, the Flood Disaster Protection Act of 1973, the National Flood Insurance Reform Act of 1994, the Xxxxxxx-Xxxxxx Flood Insurance Act of 2012, as such statutes may be amended or re-codified from time to time, any substitution therefor, any regulations promulgated thereunder, and all other legal requirements relating to flood insurance. “Flood Hazard Determination” means a “Life-of-Loan” FEMA Standard Flood Hazard Determination obtained by the Administrative Agent. 29