Financial Stability Forum holds its thirteenth meeting in Tokyo

The Financial Stability Forum (FSF), chaired by Roger W. Ferguson, Jr., vice chairman of the Board of Governors of the Federal Reserve, met on 11th March in Tokyo. Members discussed risks and vulnerabilities in the international financial system and reviewed ongoing work to mitigate sources of vulnerability.

During the meeting the Financial Stability Forum’s work in the area of business continuity was reviewed. Members welcomed the progress being made to develop a set of high-level business continuity principles for financial authorities and financial industry participants.

The next meeting of the Financial Stability Forum will be held in September 2005.

Read a full account of the meeting at http://www.bis.org/press/p050311b.htm

•Date: 15th March 2005 • Region: Various •Type: Article •Topic: Financial sector BC
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