Financial Stability Board facts for kids

Quick facts for kids
Financial Stability Board

Abbreviation	FSB
Formation	April 2009; 15 years ago (2009-04)
Type	Verein
Headquarters	London, United Kingdom
Chairman	Mark Carney
Secretary General	Dietrich Domanski
Affiliations	Bank for International Settlements, G20
Staff (2017)	33
Formerly called	Financial Stability Forum (FSF)

The Financial Stability Board (FSB) is an international body that monitors and makes recommendations about the global financial system. It was established after the G20 London summit in April 2009 as a successor to the Financial Stability Forum (FSF). The Board includes all G20 major economies, FSF members, and the European Commission. Hosted and funded by the Bank for International Settlements, the board is based in London, United Kingdom.

Members include:

• Australia
  • Department of the Treasury
  • Reserve Bank of Australia
• Bank for International Settlements
• Basel Committee on Banking Standards
• Canada
  • Bank of Canada
  • Department of Finance
  • Office of the Superintendent of Financial Institutions
• European Union
  • European Central Bank
  • European Commission
• France
  • Authorite des Marches Financiers
  • Banque de France
  • Ministere de l'Economie et des Finances
• Germany
  • Bundesanstalt fur Finanzdienstleistungsaufsicht
  • Bundesmknisterium der Finanzen
  • Deutsche Bundesbank
• Hong Kong
  • Hong Kong Monetary Authority
• International Association of Insurance Supervisors
• International Monetary Fund
• International Organisation of Securities Commissions
• Italy
  • Banca d'Italia
  • Commissione Nazionale per le Societa e la Borsa
  • Ministero dell'Economia e delle Finanze
• Japan
  • Bank of Japan
  • Financial Services Authority
  • Ministry of Finance
• Netherlands
  • De Nederlandsche Bank
  • Ministry of Finance
• Singapore
  • Monetary Authority of Singapore
• Spain
  • Banca Espana
  • Ministerio de Economia y Competitividad
• Switzerland
  • Swiss National Bank
  • Swiss Federal Department of Finance
• United Kingdom
  • Bank of England
  • Financial Conduct Authority
  • HM Treasury
• United States
  • Board of Governors of the Federal Reserve System
  • US Department of Treasury
  • US Securities & Exchange Commission
• World Bank

Financial Stability Board

Abbreviation	FSB
Formation	April 2009; 15 years ago (2009-04)
Type	Verein
Headquarters	Basel, Switzerland
Chairman	Mark Carney
Secretary General	Dietrich Domanski
Affiliations	Bank for International Settlements, G20
Staff	33
Formerly called	Financial Stability Forum (FSF)

The Financial Stability Board (FSB) is an international organisation in the financial sector. It monitors the global funancial system, and make recommendation on how it can be improved. It was established at the G20 summit in London, in April 2009. The idea at the summit was to improve a solution that existed already, the Financial Stability Forum (FSF).  The Financial Stability board is organised as an association: All G20 states, all participants of the FSF and the European Commission are members of this association. The board is hosted and funded by the Bank for International Settlements in Basel, Switzerland.

See also

In Spanish: Consejo de Estabilidad Financiera para niños