Financial Stability Forum held its Twelfth Meeting

The Financial Stability Forum (FSF), chaired by Roger W. Ferguson, Jr., Vice Chairman of the Board of Governors of the Federal Reserve, met on 8-9 September in Washington DC. As usual, members discussed risks and vulnerabilities in the international financial system. They discussed issues related to a number of prior concerns. Offshore financial centres received particular attention. They also discussed other issues, including progress and challenges around the world associated with the implementation of standards in financial sector regulation. On this occasion, the Forum also met with a group of financial market participants to exchange views on developments in financial markets and institutions.

See press release.