The FSB pushes for enhanced risk disclosures

At a glance

The Financial Stability Board recently sponsored the creation of the Enhanced Disclosure Task Force (EDTF) to establish principles, recommendations and leading practices to enhance bank risk disclosures. The EDTF recommendations mark a further step towards the inclusion of risk-based information in financial reporting. In this FS Regulatory Brief, we summarize the EDTF recommendations, their impact, and how banks should respond.