FINANCIAL STABILITY BOARD

Market Infrastructure

FSB Updates Guidance on Operational Continuity in Resolution

By Manesh Samtani | 19/03/2024

A supplementary note was added to address today’s dependencies on third-party providers for critical shared services, and the digitalisation of such services.

Big Picture

BIS Paper Calls for Stronger Oversight of Non-bank Retail Lenders

By Mark Johnston | 17/03/2024

The paper proposes a three-pronged regulatory approach to help guide the prudential oversight of NBFI retail lenders and mitigate risks.

Securities / Derivatives

CFTC Publishes First-Ever US Taxonomy for Digital Assets

By Editors | 11/03/2024

The digital asset taxonomy is one of three recommendations advanced by the CFTC’s Global Markets Advisory Committee.

Capital / Liquidity

More Progress Needed to Address MMF Vulnerabilities: FSB

By Manesh Samtani | 28/02/2024

Since 2021, only China has improved the ability of MMFs to absorb losses, and only India can impose the use of swing pricing.

Big Picture

FSB Warns of ‘Challenging Outlook’ for Global Financial Stability

By Manesh Samtani | 27/02/2024

The FSB is analysing the financial stability implications of tokenisation and AI, and taking stock of regulatory initiatives on nature-related financial risks.

Market Infrastructure

CPMI, IOSCO Propose “Effective” VM Practices for Cleared Markets

By Editors | 15/02/2024

The consultative report describes eight examples of effective practices for CCPs and their clearing members regarding variation margin processes and transparency.

Capital / Liquidity

APAC Regulators to Prioritise Resilience in 2024: Report

By Ranamita Chakraborty | 14/02/2024

Deloitte Regulatory Outlook says financial firms should be proactive in assessing capital adequacy and liquidity.

Capital / Liquidity

China’s New Super Regulator Bares Teeth Against Ballooning Credit Risk

By Blake Evans-Pritchard | 31/01/2024

NFRA will have to strike a balance between promoting growth and safeguarding markets. This is a dangerous path to tread.

Capital / Liquidity

ECB Asks Banks to Monitor Social Media for Liquidity Risks

By Mark Johnston | 26/01/2024

The ECB has asked some banks to set up teams to monitor social media platforms for negative sentiment that could trigger a bank run.