Adam S. Hersh, January 13, 2010

This policy brief provides an overview of the newly created Financial Stability Board (FSB), detailing its structure and operations. It also reviews policy proposals from the FSB and affiliates that are coalescing as the international financial reform agenda to promote greater financial stability. Though the organizational structure under the FSB potentially provides opportunities for better communication and cooperation among national regulators and the myriad and multi-institutional committees and working groups producing the bulk of reform proposals lack transparency. Substantial reforms are being proposed, but these may not be enough to ensure stability of the international financial system.

Draft: Introduction to the FSB and the International Financial Reform Agenda (19 Pages)