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FSB Names US Federal Reserve’s Randal K Quarles as Chair

27 November 2018
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Mark Carney will step down from the role of chair at the Financial Stability Board (FSB) at the end of this month, making way for Randal K Quarles, governor and vice chairman for supervision at the US Federal Reserve, to take the chair for a three-year term running from December 2, 2018 to December 1, 2021. Klaas Knot, president of De Nederlandsche Bank, becomes vice chair and will succeed Quarles as chair from December 2, 2021 to December 1, 2024. The appointments were recommended by a specially convened FSB nominations committee and unanimously agreed by the plenary of the organisation.

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Related content

WEBINAR

Recorded Webinar: Practical Applications of the Global LEI – Client On-Boarding and Beyond

This webinar has passed, but you can view the recording here. With the March ‘launch’ of the global legal entity identifier (LEI), the marketplace now officially has a standard it can use for managing entity data. Post-Credit Crunch, the lack of such a standard has forced firms to embark on their own initiatives to create...

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23 April 2013
Data Management Insight RegTech Insight
BLOG

ECB’s Utility Has a Place But Not Before Standardisation, Says BarCap’s Nagle

The old adage of not putting the cart before the horse was pertinent this week, during discussions at the Marcus Evans reference data conference on the European Central Bank’s (ECB) proposed reference data utility. The concept has been a topic of significant debate for some time now and panellists including Llew Nagle, who is in charge...

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18 February 2010
Data Management Insight RegTech Insight
EVENT

AI in Capital Markets Summit New York

The AI in Capital Markets Summit will explore current and emerging trends in AI, the potential of Generative AI and LLMs and how AI can be applied for efficiencies and business value across a number of use cases, in the front and back office of financial institutions. The agenda will explore the risks and challenges of adopting AI and the foundational technologies and data management capabilities that underpin successful deployment.

26 June 2026
Data Management Insight RegTech Insight TradingTech Insight
GUIDE

The Global LEI System – Slow but Sure

After what looked like a slow start to the summer, the initiative to establish a global standard for legal entity identifiers (LEIs) took a series of significant leaps forward during August, that appears to have put the project firmly back on track. If the marketplace felt a little reticent in June and July, it could...

10 September 2013
Data Management Insight