Press

• 20 December 2022 FSB reports on global trends and risks in non-bank financial intermediation

  Annual monitoring exercise assessing global trends and risks in non-bank financial intermediation.

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

• 16 December 2022 FSB encourages final transition to robust reference rates as cessation of remaining LIBOR panels approaches

  Report provides an assessment of progress in transition from LIBOR and other benchmark and urges continued momentum for the last stage of transition.

  Content Type(s): Press, Press Releases Source(s): FSB Policy Area(s): LIBOR and other benchmarks

• 14 December 2022 FSB proposes strengthening the liquidity management framework for open-ended funds

  Report assesses effectiveness of the 2017 FSB Recommendations to address vulnerabilities from liquidity mismatch in open-ended funds (OEFs) and proposes further policy work to enhance OEF resilience.

  Content Type(s): Press, Press Releases Source(s): FSB Policy Area(s): Effects of Reforms, Implementation Monitoring, Non-bank financial intermediation

• 12 December 2022 FSB Middle East and North Africa group discusses financial stability outlook and cross-border payments

  FSB holds virtual meeting of the Regional Consultative Group for the Middle East and North Africa.

  Content Type(s): Other Meetings, Press, Press Releases Source(s): RCGs Policy Area(s): Cross Border Payments, EMDEs, Vulnerabilities Assessments

• 9 December 2022 The FSB endorses an improved framework for the assessment and mitigation of systemic risk in the insurance sector and discontinues annual identification of global systemically important insurers (G-SIIs)

  The FSB issues statement on the International Association of Insurance Supervisors’ Holistic Framework and Global Systemically Important Insurers.

  Content Type(s): Press, Press Releases Source(s): FSB, IAIS Policy Area(s): SIFIs

• 8 December 2022 FSB Americas group discusses risks to financial stability, including from non-bank financial intermediation and crypto-assets

  FSB holds meeting of the Regional Consultative Group for the Americas in Grand Cayman, Cayman Islands.

  Content Type(s): Other Meetings, Press, Press Releases Source(s): RCGs Policy Area(s): Cross Border Payments, Crypto Assets, EMDEs, Non-bank financial intermediation, Vulnerabilities Assessments

• 8 December 2022 FSB calls for urgent work to address cross-border resolution challenges in the non-bank sector

  Annual progress report on the implementation of resolution reforms notes continued challenges in central counterparty (CCP) resolution and resolvability; operationalising resolution plans for insurers; and cross-border resolution in the non-bank sector.

  Content Type(s): Press, Press Releases Source(s): FSB Policy Area(s): Regulatory Reform Recommendations, Resolution and Crisis Management, SIFIs, Supervision and Risk Management

• 6 December 2022 FSB Plenary meets in Basel

  FSB members discussed the outlook for global financial stability, reviewed issues of particular relevance to emerging market and developing economies (EMDEs) and agreed the FSB’s work programme for 2023.

  Content Type(s): Plenary Meetings, Press, Press Releases Source(s): FSB Policy Area(s): Climate-related Risks, Crypto Assets, EMDEs, Non-bank financial intermediation, Resolution and Crisis Management, Vulnerabilities Assessments

• 21 November 2022 FSB publishes 2022 G-SIB list

  List of global systemically important banks remains at 30.

  Content Type(s): Press, Press Releases Source(s): FSB Policy Area(s): Resolution and Crisis Management, SIFIs, Supervision and Risk Management

• 18 November 2022 FSB Sub-Saharan Africa group discusses global and regional vulnerabilities, climate-related risks and cross-border payments

  FSB holds meeting of the Regional Consultative Group for Sub-Saharan Africa in Diani, Ukunda Kenya.

  Content Type(s): Other Meetings, Press, Press Releases Source(s): RCGs Policy Area(s): Climate-related Risks, Cross Border Payments, EMDEs, Vulnerabilities Assessments