FSB met in Zurich on 28 January. At the meeting, FSB was established as an association under Swiss law. The meeting discussed:

  • the continuing vulnerabilities in the financial system;
  • OTC derivatives reform;
  • resolving failing financial institutions;
  • risk governance;
  • accounting;
  • shadow banking;
  • long-term investment financing;
  • LIBOR and other financial benchmarks; and
  • Legal Entity Identifiers.

(Source: FSB Meets in Zurich)