FSB Names Tombini to Chair Budget Committee
Brazilian bank official with roles at FSB and BIS takes on new post
![alexandre-tombini-fsb alexandre-tombini-fsb](/sites/default/files/styles/landscape_750_463/public/import/IMG/471/339471/alexandre-tombini-fsb.jpeg.webp?h=6a83eabe&itok=O6MZdAWb)
The Financial Stability Board (FSB) has appointed Alexandre Tombini, governor of Banco Central do Brasil, as chair of its Standing Committee on Budget and Resources (SCBR), for a term beginning on February 1 and ending on April 30, 2018.
SCBR assesses FSB resource needs and sets budget and resource frameworks for the board. Tombini will replace Jens Weidmann, president of Deutsche Bundesbank, who chaired SCBR since October 2012. Tombini has been in his role at Banco Central do Brasil since 2011, when he also joined the FSB's Plenary and Steering Committee.
The FSB addresses reference data management matters through its implementation of the legal entity identifier (LEI). The board founded the Global LEI Foundation which administers the standard. The FSB is headquartered at the Bank of International Settlements (BIS) in Basel, Switzerland. BIS also oversees the Basel Committee on Banking Supervision, which devised the Basel III rules and BCBS 239. Tombini has also been a BIS board member since December 2013.
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-digital.com/terms-and-conditions/subscriptions/
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-digital.com/terms-and-conditions/subscriptions/
If you would like to purchase additional rights please email info@waterstechnology.com
More on Emerging Technologies
Waters Wrap: The changing definition and perception of blockchain
Anthony says that questions of definition and perception are killing DLT projects in the capital markets—oh, and a lack of proven implementations.
This Week: IPC extends Google Cloud partnership, BlackRock/AIA, DTCC and more
A summary of the latest financial technology news.
Waters Wavelength Podcast: Deutsche Bank’s Boon-Hiong Chan
Boon-Hiong Chan from Deutsche Bank joins the podcast to talk about blockchain interoperability.
SocGen pushes data, analytics use cases for SG Markets
The bank is letting a handful of clients experiment with its proprietary data and models to inform their research.
Ace high or busted flush? Digital Asset’s mixed fortunes mirror DLT adversity
The vendor hoped to remodel post-trade using blockchain technology—and it still might—but its bumpy progress raises questions over the future of DLT in finance.
AI could cut time for money laundering checks by 99%
Leading crypto exchange rolling out large language model for enhanced due diligence checks.
Standard Chartered keeps faith with quantum experimentation
The bank is aiming to future-proof itself with the ability to adopt new technology at an early stage.
Waters Wrap: CME, Google and the pursuit of ultra-low-latency trading
CME Group and Google have announced Aurora, Illinois, as the location for the exchange’s new co-location facility. Anthony explains why this is more than just the next phase of the two companies’ originally announced project.