FINANCIAL STABILITY BOARD

Crypto / Digital Assets

NBFI Vulnerabilities Remain Largely Unaddressed, Warns FSB

By Manesh Samtani | 22/07/2024

The global financial system remains susceptible to further shocks, the FSB says, calling for faster implementation of reforms to address NBFI vulnerabilities.

ESG / Sustainability

FSB Publishes Stocktake on Nature-related Financial Risks

By Manesh Samtani | 19/07/2024

Work by authorities indicates that FIs face large exposures to nature-related physical risk via their investments and financing activities.

Crypto / Digital Assets

GDF, GLEIF Announce Digital Asset Industry Partnership

By Editors | 17/07/2024

GDF said the partnership with GLEIF aims to raise awareness of the value of consistent party identification via the LEI.

Fintech / Regtech

FSB to Update 2017 Paper on AI-related Risks

By Manesh Samtani | 17/07/2024

FSB Chair Klaas Knot said this work is not currently aimed at developing policy options or regulatory standards.

Big Picture

FSB Proposes Measures to Address Cross-border Payment Frictions

By Manesh Samtani | 17/07/2024

Two new FSB reports offer policy recommendations to address legal, supervisory and regulatory frictions in cross-border payments.

Market Infrastructure

BCBS Consults on Principles for Managing Third-Party Risk

By Editors | 10/07/2024

The BCBS offers 12 high-level principles on the effective management and supervision of risks arising from third-party arrangements.

Big Picture

FSB Evaluates Impact of G20 Reforms on Securitisation

By Editors | 03/07/2024

Risk retention and higher prudential requirements have enhanced the resilience of securitisation markets, the FSB says.

ESG / Sustainability

ISSB Commits to Driving Global Harmonisation in New Work Plan

By Editors | 27/06/2024

The new two-year work includes work to streamline and consolidate frameworks and standards for disclosures about transition plans.

Capital / Liquidity

How Asian Regulators Have Been Reflecting on 2023 Bank Failures

By Blake Evans-Pritchard | 18/06/2024

Asian regulators have been looking at whether the kinds of bank failures that occurred last year could also take place in their home markets.