Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/103579
Authors: 
Weber, Rolf H.
Staiger, Dominic N.
Year of Publication: 
2014
Citation: 
[Journal:] International Journal of Financial Studies [ISSN:] 2227-7072 [Publisher:] MDPI [Place:] Basel [Volume:] 2 [Year:] 2014 [Issue:] 1 [Pages:] 82-102
Abstract: 
The aim of this essay is to provide an overview of the Financial Stability Board's (FSB) mandate and tools to safeguard financial stability and reduce systemic risks based on the methodological perspective of a legal analysis. It examines some of the recommendations that the FSB has published, with the aim of enhancing financial stability. In the second part of the paper, the complex problems that arise from implementing soft law recommendations, and the discretion granted to regulatory authorities, are discussed.
Subjects: 
best practices
compliance
FSB
soft law
systemic risks
Persistent Identifier of the first edition: 
Creative Commons License: 
http://creativecommons.org/licenses/by/3.0/
Document Type: 
Article

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