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Financial Stability Board outlines progress on global resolution regimes

( December 5, 2024, 08:42 GMT | Official Statement) -- MLex Summary: The Financial Stability Board released today its 2024 Resolution Report, which outlines the board's actions to address remaining lessons for the resolution framework from the 2023 bank failures, and to advance the resolution framework for insurers and central counterparties. The FSB also published, for the first time, a list of insurers subject to resolution planning standards, as part of this report. The board said that in 2025, it would focus on promoting consistency in the scope of applying those standards for insurers.Press release follows. Report attached. List of insurers available here....

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