Intro to International Business
The Financial Stability Board (FSB) is an international body that monitors and makes recommendations about the global financial system to promote stability and mitigate risks. Established in 2009 in the wake of the financial crisis, the FSB aims to coordinate national financial authorities and international standard-setting bodies to develop effective regulatory and supervisory standards. It plays a vital role in enhancing global financial stability by addressing vulnerabilities in the financial system and facilitating cooperation among countries.
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