The Financial Stability Board (FSB) and GLEIF
Created in 2009, the Financial Stability Board (FSB) is an international body that monitors and makes recommendations about the global financial system. It does so by coordinating national financial authorities and international standard-setting bodies as they work towards developing strong regulatory, supervisory and other financial sector policies. It fosters a level playing field by encouraging coherent implementation of these policies across sectors and jurisdictions. The FSB, working through its members, seeks to strengthen financial systems and increase the stability of international financial markets. The policies developed in the pursuit of this agenda are implemented by jurisdictions and national authorities. The FSB Charter was endorsed by the heads of state and government of the Group of 20.
The FSB is the founder of the Global Legal Entity Identifier Foundation (GLEIF) and appointed the first GLEIF Board of Directors.