The FSB re-prioritised its work programme for 2020 to focus on responding to the pandemic.

The COVID-19 crisis calls for a reprioritisation of FSB initiatives to maximise the value of FSB work during the current crisis and to use members’ resources effectively.

The reprioritisation of FSB projects takes into account the following criteria:

  • whether the work is relevant to current crisis management;

  • whether the evolution of the crisis may substantially change the findings (and the analysis could therefore benefit from a delay);

  • whether there are other important reasons to maintain the existing timing and/or scope of the project; and

  • whether postponing or scaling back the work could relieve COVID-related additional resource pressures on FSB members and their staff and on financial institutions and other stakeholders.

The FSB will publish its 2021 work programme in December.