9  See Financial Stability Forum, “FSF Principles for Sound Compensation Practices,” released on 2 April 2009, and FSB, “Principles for Sound Compensation Practices: Implementation Standards,” released on 25 September 2009. 10  See FSB progress report, “Increasing the Intensity and Effectiveness of SIFI Supervision,” released on 1 November 2012.
6  BIS central bankers’ speeches  Moreover, improving risk disclosure, risk governance and risk management will further build a more resilient financial system. That is why I welcome the recently published report of the Enhanced Disclosure Task Force. This private sector effort, encouraged by the FSB, offers recommendations to provide investors with better disclosure about bank business models, key risks and risk-measurement practices.