Annual NBFI progress report heralds shift in focus towards implementation monitoring and vulnerabilities assessment.
FSB
9 July 2025
The FSB’s Nonbank Data Taskforce outlines how to address nonbank data challenges, using leveraged trading strategies in sovereign bond markets as a test case.
The FSB has delivered to the G20 its policy recommendations on NBFI leverage and a workplan addressing challenges related to nonbank data.
This document summarises the responses to the December 2024 public consultation on leverage in nonbank financial intermediation
23 June 2025
A number of data gaps impede the monitoring of financial institutions’ exposure to the CRE market and related vulnerabilities.
Liquidity mismatches, leverage, and valuation opacity identified as the main vulnerabilities in property funds and real estate investment trusts.
12 June 2025
Plenary confirms the appointment of Andrew Bailey as the next FSB Chair.
9 June 2025
Mr Quarles will chair high-level FSB group tasked by the G20 with assessing 15 years of reform implementation.

