On 14 April 2020, the FSB published a consultative document on Addressing the regulatory, supervisory and oversight challenges raised by “global stablecoin” arrangements. The FSB received 53 responses including those from regulated financial institutions, trade associations representing financial technology firms, financial technology firms, trade associations representing regulated financial institutions, authorities, consulting firms and non-governmental organisations

This note summarises the main points from the responses, including to the specific questions set out in the consultation and provides an overview of the response to those comments, including changes made to the recommendations.