FSB

FSB reports continued growth in nonbank financial intermediation in 2024 to $256.8 trillion

Annual monitoring exercise shows nonbank financial intermediation grew at double the pace of the banking sector in 2024.

Global Monitoring Report on Nonbank Financial Intermediation 2025

This year’s report presents enhanced data on nonbanks’ use of wholesale funding and finance companies’ loan assets, including mortgage loans.

2025 List of Global Systemically Important Banks (G-SIBs)

List of G-SIBs remains at 29, with two banks moving into a higher bucket and one bank moving into a lower bucket.

FSB publishes 2025 G-SIB list

Total number of global systemically important banks remains at 29, with three banks moving to different buckets.

FSB releases updated insurer list, proposes new guidance, and affirms use of IAIS Holistic Framework

FSB publishes list of insurers subject to resolution planning standards and launches consultation on guidance for determining their scope.

Scope of Insurers Subject to the Recovery and Resolution Planning Requirements in the FSB Key Attributes: Consultation report

Guidance outlines key criteria that authorities should consider when evaluating whether an insurer should be subject to recovery and resolution planning requirements.

The FSB reaffirms its decision to use IAIS Holistic Framework assessments instead of an annual identification of global systemically important insurers

Guidance offers a structured approach for authorities to assess which insurers should be subject to recovery and resolution planning requirements.

FSB encourages the Netherlands to continue strengthening cyber resilience in its financial sector

Dutch authorities should regularly review information sharing mechanisms, promote expanded cyber resilience testing and establish a national analysis of third-party risks.

Peer Review of the Netherlands

Peer review assesses the Netherlands’ efforts to enhance cyber resilience in its financial sector and recommends further steps to address rising financial stability risks from operational incidents and cyber-attacks.

FSB Chair’s letter to G20 Leaders: November 2025

Amidst a challenging outlook for growth, the FSB will work to strengthen implementation of global standards and to respond to changes in the financial system, writes Andrew Bailey.

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