This scheme would give banks an incentive to take longer maturities on the liabilities side in particular. Putting aside the question of whether it is desirable to link maturity mismatches with capital requirements, it is clear that the continuous monitoring for appropriate liquidity at financial institutions is an effective tool for detect the early-warning signs of financial crisis.
The G20 meetings held in April decided to reorganize the Financial Stability Forum (FSF) as a new "Financial Stability Board" (FSB). Previously, four international institutions, the Basel Committee on Banking Supervision, International Organization of Securities Commissions, International Association of Insurance Supervisors and International Accounting Standards Board, made independent judgments and took independent actions.