Question
Financial Stability Board was formed under which
international forum?Solution
The FSB is established as a not–for-profit association under Swiss law and is hosted by the BIS under a five-year renewable service agreement. The FSB's creation came after the G20 Summit in London in April 2009. Headquartered in Basel, Switzerland, the board includes all G20 major economies. The organisation structure of the FSB consists of the Plenary, Steering Committee, Standing Committees, Working Groups, Regional Consultative Groups, Chair and the Secretariat.
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