FSB urges Argentina to review macro-pru framework

International body encourages central bank to consider creating financial stability committee

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The Central Bank of Argentina (BCRA) has been urged to review and augment its newly adopted financial stability function.

In its most recent check-up of the Latin American country’s macro-prudential institutions, published today (August 31), the Financial Stability Board (FSB) takes stock of what the country has achieved in the past 12 months.

While acknowledging some large steps had been taken toward improved transparency and risk management, the FSB finds there is still significant room

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