Abbreviation for Financial Stability Forum. Set up in 1999 at the behest of G7 finance ministers and central bank governors, the purpose of the FSF was to identify and oversee action to remove threats and vulnerabilities to the international financial system. Its members were regulators, central bankers and government officials of the G7 and of international financial organizations. It was succeeded in 2009 by the Financial Stability Board, a body set up by the G20 to oversee the stability of the global financial system and ensure that regulatory principles agreed globally are applied consistently in each country.

See also: http://www.financialstabilityboard.org/