FSB has published a suite of papers on shadow banking. The papers comprise:

  • a progress report on actions taken to implement FSB’s two-pronged strategy to address financial stability concerns associated with shadow banking over the past year, and next steps;
  • the results of FSB’s fifth annual monitoring exercise to assess global trends and risks of the shadow banking system; and
  • policy recommendations on the framework for haircuts on certain non-centrally cleared securities financing transactions to apply numerical haircut floors to non-bank-to-non-bank transactions and update the implementation dates of these recommendations.

It also plans a set of standards and processes for global securities financing data collection and aggregation. FSB says it is pleased with the progress of its monitoring policy, progress towards better supervision of shadow banking activities and the progress of policies already agreed. (Source: FSB Reports on Shadow Banking)