A new review calls for the Financial Stability Board to refocus its efforts on addressing the most severe threats to global financial stability, rather than spreading its resources too thinly across a broad range of risks. Critics argue the board has expanded its mandate beyond its core purpose, diverting attention from truly systemic dangers that could destabilize markets. The assessment suggests a more targeted approach could improve the board’s effectiveness in preventing widespread financial crises. The findings highlight concerns over whether current priorities align with the original intent of safeguarding the international financial system.
Financial Stability Board should concentrate on genuinely systemic risks, review finds Reuters
