Press

• 1 November 2021 FSB updates the G20 on its work to enhance resilience in non-bank financial intermediation

  Report describes the progress over the past year and planned work to enhance the resilience of non-bank financial intermediation.

  Content Type(s): Press, Press Releases Source(s): FSB Policy Area(s): COVID-19, Macroprudential, Non-bank financial intermediation, OTC Derivatives

• 28 October 2021 FSB Chair reports to G20 Leaders ahead of the Rome Summit

  Letter notes lessons learnt from the COVID Event and actions to address structural challenges facing the global financial system.

  Content Type(s): Press, Press Releases Source(s): FSB Policy Area(s): Climate-related Risks, COVID-19, Cross Border Payments, Crypto Assets, Data Gaps, Non-bank financial intermediation, Vulnerabilities Assessments

• 27 October 2021 FSB’s revamped Annual Report describes its work to promote global financial stability

  The Annual Report has been redesigned to be more forward-looking and encompassing so that it describes the FSB’s work to promote global financial stability.

  Content Type(s): Press, Press Releases Source(s): FSB Policy Area(s): Climate-related Risks, Compensation, COVID-19, Cross Border Payments, Crypto Assets, Cyber Resilience, Effects of Reforms, Implementation Monitoring, LIBOR and other benchmarks, Non-bank financial intermediation, OTC Derivatives, Resolution and Crisis Management, SIFIs, Supervision and Risk Management, Vulnerabilities Assessments

• 19 October 2021 FSB appoints new chairs to key committees

  The FSB has appointed new chairs for SRC, SCSI and ReSG.

  Content Type(s): Announcements, Press, Press Releases Source(s): FSB Policy Area(s): Governance

• 19 October 2021 FSB calls for greater convergence in cyber incident reporting

  Greater harmonisation in cyber incident reporting would promote financial stability, especially given the digitalisation of financial services and increased use of third-party service providers.

  Content Type(s): Press, Press Releases Source(s): FSB Policy Area(s): Cyber Resilience

• 18 October 2021 Financial Stability and Coordination in Times of Crisis

  FSB Chair Randal K Quarles speaks at the Banco de España: Third Conference on Financial Stability

  Content Type(s): Press, Speeches, Statements Source(s): FSB Policy Area(s): Climate-related Risks, COVID-19, Cross Border Payments, Crypto Assets, Macroprudential, Non-bank financial intermediation, Vulnerabilities Assessments

• 14 October 2021 FSB welcomes TCFD status report

  Disclosures have accelerated thanks to jurisdictional initiatives, as well as through the IFRS Foundation’s work to develop a baseline reporting standard.

  Content Type(s): Press, Press Releases Source(s): FSB, TCFD Policy Area(s): Climate-related Risks

• 13 October 2021 FSB publishes targets for enhancing cross-border payments and progress under its Roadmap

  Progress report accompanied by finalised targets for addressing the four challenges of cross-border payments.

  Content Type(s): Press, Press Releases Source(s): FSB Policy Area(s): Cross Border Payments, EMDEs, Financial Innovation

• 11 October 2021 FSB Chair updates the G20 on enhancing resilience in non-bank financial intermediation and addressing challenges in cross-border payments

  FSB Chair’s letter to G20 Finance Ministers and Central Bank Governors focuses on two key areas of the FSB’s work.

  Content Type(s): Press, Press Releases Source(s): FSB Policy Area(s): Cross Border Payments, Cyber Resilience, Non-bank financial intermediation

• 11 October 2021 FSB publishes final report with policy proposals to enhance money market fund resilience

  Report sets out proposals and considerations on how policy options could be selected and combined to address all the vulnerabilities arising from different types of MMFs.

  Content Type(s): Press, Press Releases Source(s): FSB Policy Area(s): Non-bank financial intermediation, Regulatory Reform Recommendations