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Apex body of World’s financial watchdogs names PIO to head its standards panel

Financial Stability Board (FSB), the apex body of financial authorities and regulators from across the world, has appointed new chairpersons, including Ravi Menon, for its three standing committees effective from 31 March.

Ravi Menon, Managing Director, Monetary Authority of Singapore, has been appointed chairman of the standing committee on standards implementation, succeeding Tiff Macklem. The SCSI undertakes the FSB’s peer reviews of its members and encourages global adherence to international financial standards. Agustin Carstens, has been appointed chairman of the standing committee on assessment of vulnerabilities, responsible for monitoring and assessing vulnerabilities affecting the global financial system and proposing actions needed to address them.
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