The Financial Stability Board (FSB) Regional Consultative Group for Europe (RCG Europe) met on 8 and 9 May in Wroclaw. The meeting was hosted by the National Bank of Poland.
Members discussed global financial vulnerabilities; progress on the G20 Roadmap on cross-border payments; and developments in – and approaches to monitoring potential financial stability risks – in the non-bank financial intermediation sector.
The meeting also included a roundtable on the financial stability implications of tokenisation, where participants from industry, academia and the central banking community discussed developments in tokenisation technologies and risks that tokenisation, in particular based on distributed ledger technology (DLT), might present for the financial system.
