In November 2012, the Financial Stability Board published its Consultative Documents on Strengthening Oversight and Regulation of Shadow Banking and which included:

  • A report entitled "An integrated Overview of Policy Recommendations" which sets out the FSB's overall approach to shadow banking issues and provides an overview of its recommendations across the five specific areas;  
  • A report entitled "Policy Framework for Strengthening Oversight and Regulation of Shadow Banking Entities" which sets out a high-level policy framework to assess and mitigate bank-like systemic risks posed by shadow banking entities other than money market funds (MMFs); and  
  • A report entitled "Policy Recommendations to Address Shadow Banking Risks in Securities Lending and Repos" that sets out 13 recommendations to enhance transparency, strengthen regulation of securities financing transactions, and improve market structure.

The FSB has now, on its website, set out all comments received by interested parties and which comments will be used to finalise policies by September 2013.