FSB Appoints Chair of Supervisory and Regulatory Cooperation Committee
Ryozo Himino has been appointed as Chair of the FSB Standing Committee on Supervisory and Regulatory Cooperation (SRC), for a two-year term starting on September 01, 2019. Mr. Himino currently serves as the Vice Minister for International Affairs at JFSA. Mr. Himino succeeds Norman Chan, the Chief Executive of HKMA, who has served as SRC Chair since April 2017.
The SRC mandate includes addressing key financial stability issues related to the development of supervisory and regulatory policies, assisting in management of the cross-border issues that arise among supervisors and regulators, setting guidelines for and overseeing the establishment and effective functioning of supervisory colleges, and advising on and monitoring best practices in meeting regulatory standards.
Related Link: Press Release
Keywords: International, Banking, Insurance, Securities, Standing Committee Chairs, Supervisory and Regulatory Cooperation, Ryozo Himino, Standing Committee Chair, FSB
Related Articles
EC Adopts Financial Reporting Changes Arising from Benchmark Reforms
EC published Regulation 2021/25 that addresses amendments related to the financial reporting consequences of replacement of the existing interest rate benchmarks with alternative reference rates.
BIS Bulletin Examines Key Elements of Policy Response to Cyber Risk
BIS published a bulletin, or a note, that examines the cyber threat landscape in the context of the pandemic and discusses policies to reduce risks to financial stability.
HMT Updates List of Post-Brexit Equivalence Decisions in UK
HM Treasury, also known as HMT, has updated the table containing the list of the equivalence decisions that came into effect in UK at the end of the transition period of its withdrawal from EU.
EBA Issues Erratum for Technical Package on Reporting Framework 3.0
EBA published an erratum for technical package on phase 1 of the reporting framework 3.0.
APRA Publishes FAQ on Measurement of Credit Risk Weighted Assets
APRA updated a frequently asked question (FAQ), for authorized deposit-taking institutions, on the measurement of credit risk weighted assets.
EBA Publishes Risk Dashboard for Third Quarter of 2020
EBA published the quarterly risk dashboard, along with the results of the Risk Assessment Questionnaire survey among 60 banks and 15 market analysts.
ECB Analysis Shows Privacy as Biggest Concern in Use of Digital Euro
ECB concluded the public consultation on the introduction of a digital euro in EU.
ECB Finalizes Guide on Supervisory Approach to Bank Consolidation
ECB published a guide that sets out the supervisory approach to consolidation in the banking sector.
SRB Chair Outlines Work Priorities for 2021
The SRB Chair Elke König published an article setting out work priorities for 2021.
FDIC Selects Companies to Compete in Final Phase of Tech Sprint
FDIC has selected 11 technology companies—including BearingPoint, Fed Reporter, Inc, and S&P Global Market Intelligence, LLC—for inclusion in the third and final phase of the rapid prototyping competition.