Financial Stability Board

The country has been making its voice heard through the Financial Stability Board

Currently, the GIH's work is limited to acting as a knowledge sharing hub, to produce data and insights that inform policy and infrastructure delivery

Financial firms may need to bolster their defences in the face of rocketing cyber attacks after employees began working from home, the Financial Stability Board said on Tuesday

Discussed scenario emerging from second wave and various inter-regulatory issues; reviewed activities of various technical groups under its purview

Companies singled out for scrutiny are required to hold extra capital to cover potential losses. The shift in the FSB's approach is from the US treasury department

Says steps have been taken in recent years to develop the country's macroprudential policy framework