FINANCIAL STABILITY BOARD

Big Picture

FSB Publishes Papers on Insurer Resolution Planning

By Sanday Chongo Kabange | 12/01/2022

The FSB requests feedback on two papers that seek to address issues for insurers related to resolution planning and interconnectedness.

Fintech / Regtech

Global Regulatory Framework for Crypto Likely Next Year

By Editors | 21/12/2021

Benoît Cœuré said the “wake-up call” for regulators has been the rapid growth of DeFi, as its interconnectedness with traditional finance creates potential systemic risk.

Market Infrastructure

FSB Calls For Papers on NBFI Risks and Policy Remedies

By Editors | 20/12/2021

The papers will be used to advance the FSB’s understanding of systemic risks in NBFI and specific policy approaches that may be used to address them.

Big Picture

NBFI Vulnerabilities “Broadly Stable” Year-to-year: FSB

By Editors | 17/12/2021

Largely unchanged measures of credit intermediation, maturity and liquidity transformation, and leverage highlight the rapid response and impact of official sector intervention.

AML / KYC

IMF, WB Propose Framework for Assessing Remittance Corridor Risk

By Sanday Chongo Kabange | 14/12/2021

Corridor risk assessments will help to simplify AML/CFT and CDD measures in lower-risk remittance transactions.

Capital / Liquidity

FSB Takes Stock of Approaches to Operationalising Bail-in

By Editors | 14/12/2021

In a new paper, the FSB provides an overview of practices, operational processes and arrangements as part of the bail-in process.

Market Infrastructure

FSB Explores Impact of Data Regulation on Cross-border Payments

By Editors | 14/12/2021

The FSB seeks to better understand how data requirements relating to privacy, security, storage, sharing and retention impact cross-border payments.

Market Infrastructure

IMF Calls on FSB to Create Global Regulatory Framework for Crypto

By Manesh Samtani | 10/12/2021

The IMF proposes three elements that should be included in the framework, which is urgently needed to manage financial stability and market conduct risks.

Capital / Liquidity

FSB Presents Stock-take of Progress on Resolution Regimes

By Editors | 07/12/2021

The FSB says work is under way to build up external TLAC for the four Chinese G-SIBs, but that all other G-SIBs report that they already meet or exceed the final TLAC requirement.