Financial Stability Board - Promoting global financial stability through strong financial sector policies

Private credit

6 May 2026 Report on Vulnerabilities in Private Credit

Private credit has expanded rapidly to an estimated $1.5–2 trillion in assets, supporting financing for mid-sized companies but creating potential financial stability risks

G20 flags

13 April 2026 FSB Chair’s letter to G20 Finance Ministers and Central Bank Governors: April 2026

FSB Chair warns that the risk of multiple vulnerabilities crystallising simultaneously has increased, posing a heightened threat to global financial stability.

Annual Report 2025

24 March 2026 Promoting Global Financial Stability: 2025 FSB Annual Report

Against a backdrop of rising vulnerabilities, in 2025 the FSB delivered work in key areas such as NBFI leverage, crypto-assets and stablecoins, operational resilience and enhanced cross-border payments.

Stock market chart

4 February 2026 FSB warns of financial stability challenges in repo markets

Report highlights vulnerabilities within repo markets, potential contagion channels and emphasises the need to preserve their functionality during periods of stress.

Derivatives

21 January 2026 2025 Resolution Report: “From Plans to Practice: Operationalising Resolution”

Foundational resolution frameworks are now mostly in place, with significant progress in operational planning and resolvability assessments.

Promoting global financial stability through strong financial sector policies

FSB Plenary Vienna June 2026

1 June 2026 FSB Plenary highlights potential new vulnerabilities to financial stability

FSB members met in London to discuss vulnerabilities in the global financial system and review progress on several FSB workstreams.

NBFI GMR callout

16 December 2025 Global Monitoring Report on Nonbank Financial Intermediation

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

Report on Vulnerabilities in Private Credit

6 May 2026

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

29 April 2026

Scope of Insurers Subject to Recovery and Resolution Planning Requirements in the Key Attributes: Overview of consultation responses

29 April 2026

Identification of Critical Functions of Insurers: Practices paper – Revised version

29 April 2026

Key Attributes Assessment Methodology for the Insurance Sector: Revised version

29 April 2026

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

25 November 2025

Leverage in Non-Bank Financial Intermediation: Consultation report

18 December 2024

Format for Incident Reporting Exchange (FIRE): Consultation report

17 October 2024

Recommendations for Regulating and Supervising Bank and Non-bank Payment Service Providers Offering Cross-border Payment Services: Consultation report

16 July 2024

See all consultations

FSB Plenary highlights potential new vulnerabilities to financial stability

1 June 2026

Building resilience in an uncertain world

28 May 2026

FSB Regional Consultative Group for the Americas meets in Grand Cayman

21 May 2026

FSB Regional Consultative Group for the Commonwealth of Independent States meets in Astana

7 May 2026

Financial Innovation and Structural Change

Market and Institutional Resilience

Vulnerabilities Assessment

Monitoring Implementation of Reforms

Assessing the Effects of Reforms

Compendium of Standards

work-programme-cover

3 February 2026 FSB Work Programme for 2026

Resolution report cover

21 January 2026 2025 Resolution Report: “From Plans to Practice: Operationalising Resolution”

nbfi-gmr

16 December 2025 Global Monitoring Report on Nonbank Financial Intermediation 2025

Annual Report 2025 Cover

24 March 2026 Promoting Global Financial Stability: 2025 FSB Annual Report

Data

Video and Audio

FSB Organisation

Organisation and Members