Financial Stability Board definition

Financial Stability Board means the organisation established by the Group of Twenty (G20) in April 2009;

Financial Stability Board means the Financial Stability Board established after the X00 Xxxxxx summit in April 2009 as a successor to the Financial Stability Forum.

Financial Stability Board means the international body of that name, established in April 2009, that monitors and makes recommendations about the global financial system.

Examples of Financial Stability Board in a sentence

• TCFD recommendations32 The TCFD recommendations, a private initiative set up under the aegis of the Financial Stability Board, provide one of the most practical frameworks.

• For example, according to the Financial Stability Board (FSB), the stated objective of an effective resolution regime “is to make feasible the resolution of financial institutions without severe systemic disruption and without exposing taxpayers to loss, while protecting vital economic functions through mechanisms which make it possible for shareholders and unsecured and uninsured creditors to absorb losses in a manner that respects the hierarchy of claims in liquidation”.

• Financial Stability Board (2014) Foreign exchange benchmarks consultative document, July.

• Relevant Nominating Body means any applicable central bank, regulator or other supervisory authority or a group of them, or any working group or committee sponsored or chaired by, or constituted at the request of, any of them or the Financial Stability Board.

• We welcome the progress report by the Financial Stability Board (FSB) on taking forward the G20 commitments for strengthening financial stability and the FSB’s enhanced monitoring of implementation at the national level.

More Definitions of Financial Stability Board

Financial Stability Board means an independent board established to coordinate at the international level the work of national financial authorities and international standard-setting bodies in order to develop and promote the implementation of effective regulatory, supervisory and other financial sector policies;

Financial Stability Board means the Financial Stability Board (or any successor or replacement organization from time to time).

Financial Stability Board means the organisation established in April 2009 to coordinate at the international level the work of national financial authorities and international standard setting bodies and to develop and promote the implementation of effective regulatory, supervisory and other financial sector policies, bringing together national authorities responsible for financial stability in significant international financial centres, international financial institutions, sector-specific international groupings of regulators and supervisors, and committees of central bank experts.

Financial Stability Board means the Financial Stability Board established in accordance with the act governing macro-prudential supervision of the financial system.

Financial Stability Board means the Financial Stability Board established after the G20 London summit in April 2009 as a successor to the Financial Stability Forum. “Floor” means the benchmark rate floor, if any, provided in this Agreement initially (as of the execution of this Agreement, the modification, amendment or renewal of this Agreement or otherwise) with respect to the Applicable Index. “NYFRB” means the Federal Reserve Bank of New York. “Relevant Governmental Body” means (1) with respect to a Benchmark Replacement in respect of Dollar Advances, the Federal Reserve Board and/or the NYFRB, or a committee officially endorsed or convened by the Federal Reserve Board and/or the NYFRB or, in each case, any successor thereto and (2) with respect to a Benchmark Replacement in respect of Advances in Available Currencies other than Dollars, (i) the central bank for the currency in which such Benchmark Replacement is denominated or any central bank or other supervisor which is responsible for supervising either (A) such Benchmark Replacement or (B) the administrator of such Benchmark Replacement or (ii) any working group or committee officially endorsed or -91- convened by (A) the central bank for the currency in which such Benchmark Replacement is denominated, (B) any central bank or other supervisor that is responsible for supervising either (1) such Benchmark Replacement or (2) the administrator of such Benchmark Replacement, (C) a group of those central banks or other supervisors or (D) the Financial Stability Board or any part thereof. “Unadjusted Benchmark Replacement” means the applicable Benchmark Replacement excluding the related Benchmark Replacement Adjustment. ARTICLE III CONDITIONS PRECEDENT Section 3.01

Financial Stability Board means the international body of that name, established in April 2009, that monitors and makes recommendations about the global financial system. “First Amendment Effective Date” means February 19, 2020. “First Amended & Restated Credit Agreement” has the meaning specified in the introductory statements hereto. “Flood Insurance Policy” has the meaning specified in Section 5.01(c)(iii). “Flood Laws” means the National Flood Insurance Act of 1968, the Flood Disaster Protection Act of 1973, the National Flood Insurance Reform Act of 1994, the Xxxxxxx-Xxxxxx Flood Insurance Act of 2012, as such statutes may be amended or re-codified from time to time, any substitution therefor, any regulations promulgated thereunder, and all other legal requirements relating to flood insurance. “Flood Hazard Determination” means a “Life-of-Loan” FEMA Standard Flood Hazard Determination obtained by the Administrative Agent. 29

Financial Stability Board means the organization established by the Group of Twenty (G20) in April 2009; ` "Independent Adviser" means an independent financial institution of international repute or an independent adviser with appropriate expertise appointed by the Trustee and the Obligor at the Obligor's expense;