Sector Regulation Sector Regulation

Gaps in bank-resolution reform remain, prolonging risk of state intervention, FSB says

By Fiona Maxwell
  • 01 Apr 2021 03:30
  • 31 Mar 2021 12:53
Reforms of how failing banks are resolved should be finalized to avoid the need for governments to step in with taxpayer funds, the Financial Stability Board said today.

Gaps need to be addressed to fully complete the "too big to fail" reforms that followed the 2008 financial crisis, the FSB said today in

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Fiona Maxwell

Senior Correspondent


Fiona Maxwell is a financial services senior correspondent at MLex in London. She began her career as a reporter for Risk.net, writing about EU post-crisis regulation, and later worked for POLITICO in Brussels, covering the intersect between financial policy and politics. Prior to joining MLex, Fiona worked at the Bank of England as a policy adviser in the prudential policy directorate.

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