FINANCIAL STABILITY BOARD

Crypto / Digital Assets

FSB Issues Statement on Crypto Assets Ahead of G20 Meeting

By Editors | 11/07/2022

The statement clarifies that so-called stablecoins and other crypto-assets “do not operate in a regulation-free space”.

Crypto / Digital Assets

US Treasury Outlines Approach to International Engagement on Crypto

By Editors | 11/07/2022

The US will promote the adoption and implementation of international standards while ensuring a “coordinated message” and limiting duplication of work.

Market Infrastructure

FSB Urges Adoption of LEI in Cross-border Payments

By Editors | 10/07/2022

Using the LEI in cross-border payments could facilitate straight-through processing, reduce costs, increase transaction speeds, and facilitate KYC compliance.

Market Infrastructure

FSB Advances Work on G20 Cross-border Payments Roadmap

By Editors | 08/07/2022

The FSB has proposed KPIs and data sources for monitoring progress toward quantitative global targets for addressing the challenges faced by cross-border payments.

Crypto / Digital Assets

IOSCO Outlines Planned Work to Address Crypto Market Risks

By Editors | 07/07/2022

The roadmap will initially focus IOSCO’s Fintech Taskforce on work to analyse and respond to market integrity and investor protection concerns.

Crypto / Digital Assets

FSB Plenary Highlights Continued Financial Stability Concerns

By Editors | 03/07/2022

The FSB expressed concerns over the outlook for financial stability, volatility in commodity markets, and strains in crypto-asset markets.

Market Infrastructure

FSB, IMF Conclude Second G20 Data Gaps Initiative

By Editors | 09/06/2022

A third data gaps initiative has been proposed, to address data gaps relating to climate change, fintech and financial inclusion, among other things.

Capital / Liquidity

FSB Works to Develop Systemic Approach to NBFI Risks

By Editors | 08/06/2022

The FSB explains the sources of risk in the NBFI sector, and the data, tools and policy approaches available to monitor and address these risks.

AML / KYC

G7 Urges FSB to Swiftly Develop Regulations for Crypto

By Manesh Samtani | 22/05/2022

FSB asked to “advance the swift development and implementation of consistent and comprehensive regulation of crypto-asset issuers and service providers”.