FSI publishes Executive Summaries on latest regulatory standards for the general public
24 June 2017
The Financial Stability Institute (FSI) of the Bank for International Settlements (BIS) is today launching a publication series called Executive Summaries. These are concise and accessible notes covering the main financial regulatory and supervisory standards.
The FSI was jointly created by the BIS and the Basel Committee on Banking Supervision to assist supervisors around the world in improving and strengthening their financial systems. One of the key FSI objectives is to support the implementation of regulatory and supervisory financial standards globally. The FSI achieves this objective through its meetings with senior officials, conferences and seminars; FSI Connect, the BIS's web-based learning tool for financial sector supervisors; and its policy implementation analysis and related publications.
The FSI Executive Summaries constitute an additional way to disseminate the work of international financial sector standard setters. FSI Chair Fernando Restoy indicated that these documents "can foster the general public's knowledge of the main features of the financial regulatory and supervisory standards". In that regard, BIS General Manager Jaime Caruana added: "The FSI Executive Summaries will contribute to a better understanding of the substantive reforms that have taken place following the global financial crisis."
As of today, seven Executive Summaries are available on the FSI webpage, covering global standards for banks and insurers. New Executive Summaries will be posted on this page in line with the global financial regulatory bodies' work programme.