FSB, Basel Committee, G-20 differ on financial regulatory overhaul

The Financial Stability Board, the Basel Committee on Banking Supervision and members of the Group of 20 nations are interested in improving financial stability, but they are split on how to go about it. "There are different schools of thought, even among the members of the FSB and Basel Committee," said Jong-Goo Yi, standing commissioner of the Financial Services Commission for South Korea.Risk.net/Asia Risk