The Financial Stability Board (FSB) Regional Consultative Group for Sub-Saharan Africa (RCG SSA) met on 17 June in Livingstone, hosted by the Bank of Zambia.

Members exchanged views on financial vulnerabilities at the global and regional level; the impact of extreme weather events in Sub-Saharan Africa and how the private and public sectors can best prepare for such events; and progress on the G20 Roadmap on cross-border payments, , including challenges faced by both the public and private sector to effect tangible improvements in payment arrangements.

Members also shared recent regional developments in crypto-assets and stablecoins, including steps to implement the FSB’s regulatory framework.