Financial Stability Board

31 August 2026 FSB Chair’s letter to G20 Finance Ministers and Central Bank Governors: August 2026

In his letter, FSB Chair warns that markets remain vulnerable to a potential disorderly correction and cautions on the risks posed by frontier AI models.

6 May 2026 Report on Vulnerabilities in Private Credit

Private credit has expanded rapidly to an estimated $1.5–2 trillion in assets, supporting financing for mid-sized companies but creating potential financial stability risks

24 March 2026 Promoting Global Financial Stability: 2025 FSB Annual Report

Against a backdrop of rising vulnerabilities, in 2025 the FSB delivered work in key areas such as NBFI leverage, crypto-assets and stablecoins, operational resilience and enhanced cross-border payments.

4 February 2026 FSB warns of financial stability challenges in repo markets

Report highlights vulnerabilities within repo markets, potential contagion channels and emphasises the need to preserve their functionality during periods of stress.

21 January 2026 2025 Resolution Report: “From Plans to Practice: Operationalising Resolution”

Foundational resolution frameworks are now mostly in place, with significant progress in operational planning and resolvability assessments.

Promoting global financial stability through strong financial sector policies

31 August 2026 FSB Chair warns of risks arising from frontier Artificial Intelligence (AI) models

The potential impact of frontier AI on cyber risk is the most immediate concern to the financial system, says FSB Chair, Andrew Bailey.

10 August 2026 Ayman M. Al-Sayari appointed FSB’s Regional Engagement Chair

In his role as FSB Regional Engagement Chair, Ayman M. Al-Sayari, Governor of the Saudi Central Bank (SAMA), will advise the FSB Chair and Plenary on how to enhance the Regional Consultative Groups’ contribution to the FSB’s work.