The FSI has been implementing a new strategy that includes achieving closer interaction with central banks and financial supervisory agencies, which are its main stakeholders. As part of these efforts, the BIS has decided to reactivate the FSI Advisory Board.
The Advisory Board will provide strategic advice to help the Financial Stability Institute (FSI) continue to meet its mandate in a way that is responsive to the changing needs of its key stakeholders around the world. To achieve this objective, the Advisory Board will comprise a small but diverse group of central bank Governors, heads of financial sector supervision and chairs of standard-setting bodies and regional supervisory groups.
Jaime Caruana, BIS General Manager, remarked "The reactivation of the FSI Advisory Board reinforces the BIS's commitment to supporting financial sector authorities worldwide as they intensify efforts to implement international financial regulatory standards."
Fernando Restoy, Chair of the FSI, welcomed the participation of senior officials in the Advisory Board and expressed gratitude for their support in keeping the FSI's work relevant and useful for financial sector authorities worldwide.
Press release
© BIS - Bank for International Settlements
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