Financial Stability Board

Securities / Derivatives

IOSCO Adopts Reforms to Bolster Fund Liquidity Risk Management

By Manesh Samtani | 27/05/2025

The reforms aim to better protect investors in open-ended investment funds, reduce liquidity mismatches, and ensure financial stability.

AML / KYC

FSB Convenes Inaugural Forum on Cross-Border Payments Data

By Editors | 26/05/2025

Participants discussed initiatives that could advance the FSB recommendations for addressing data-related frictions in cross-border payments.

Crypto / Digital Assets

Hong Kong Legislative Council Passes Stablecoin Ordinance

By Sanday Chongo Kabange | 21/05/2025

The ordinance, set to take effect later this year, will require issuers of fiat-referenced stablecoins to be licensed by HKMA to be offered in Hong Kong.

Capital / Liquidity

MAS Considering Review of Liquidity Risk Framework for Asset Managers

By Nithya Subramanian | 24/04/2025

MAS will study the need to review the current liquidity risk management framework and engage with the industry when ready.

Market Infrastructure

FSB to ‘Intensify Engagement’ on Cross-border Payments

By Manesh Samtani | 24/04/2025

Klaas Knot’s final letter to the G20 ministers says progress to enhance cross-border payments hasn’t yet led to “material improvements” for end-users.

Market Infrastructure

FSB Finalises Common Format for Cyber Incident Reporting

By Manesh Samtani | 16/04/2025

FIRE is a standardised and adaptable format developed to enhance the efficiency and consistency of cyber and operational incident reporting.

FSB Nominates Bank of England Governor as New Chair

By Nithya Subramanian | 08/04/2025

Andrew Bailey’s nomination is expected to be finalised in June. He will hold the role for a three-year term, succeeding Klaas Knot.

AML / KYC

FSB Launches Forum on Cross-Border Payments Data

By Mark Johnston | 28/03/2025

The initiative aims to enhance cross-border payments by improving dialogue and strengthening cooperation on data-related issues.

Crypto / Digital Assets

IOSCO Unveils Work Programme, Key Priorities for 2025

By Nithya Subramanian | 17/03/2025

IOSCO initiatives include measures to address risks in digital trading, curb online financial fraud finance, and continue research on AI.