The Financial Stability Board (FSB) Regional Consultative Group for the Americas (RCG Americas) convened on 24-25 September 2026 in Mexico City, hosted by the Bank for International Settlements’ Representative Office for the Americas. The meeting brought together senior officials from central banks, financial authorities, and regulatory bodies across the region to discuss key financial stability topics. Co-chaired by Lisa D. Cook, Governor of the US Federal Reserve Board, and Jide Lewis, Deputy Governor of the Bank of Jamaica, the group held a workshop on regional vulnerabilities from extreme weather events.
The meeting addressed a range of issues, including:
- Global and regional financial vulnerabilities, with a focus on geopolitical uncertainty, extreme weather financial impacts, capital flows, and exchange rates.
- Cross-border vulnerabilities and regulatory challenges associated with global stablecoin arrangements.
- The implications of artificial intelligence (AI) and quantum computing for operational resilience and cybersecurity in the financial sector.
- Regional crisis preparedness, particularly for operational risk events such as cyber incidents and third-party outages.
Members also provided input on the FSB’s 2026 work priorities and discussed how the RCG Americas can contribute to advancing these priorities.