Press Releases

• 28 March 2023 FSB Plenary statement on recent market developments

  FSB Plenary releases statement following their regular meeting on 28 March.

  Content Type(s): Plenary Meetings, Press, Press Releases, Statements Source(s): FSB Policy Area(s): Effects of Reforms, Implementation Monitoring, Regulatory Reform Recommendations, Resolution and Crisis Management, SIFIs, Supervision and Risk Management, Vulnerabilities Assessments

• 23 February 2023 FSB invites senior representatives from firms and industry associations to join cross-border payment taskforce

  The taskforce will strengthen private-sector participation in taking forward the G20 Roadmap for Enhancing Cross-border Payments.

  Content Type(s): Press, Press Releases Policy Area(s): Cross Border Payments

• 23 February 2023 FSB details actions for the next phase of the G20 Roadmap for Enhancing Cross-border Payments

  The plan synthesises the lessons learnt from the initial phase of work and feedback from stakeholders, and focuses the next phase of work on three priority themes.

  Content Type(s): Press, Press Releases Source(s): FSB Policy Area(s): Cross Border Payments

• 20 February 2023 FSB Chair outlines work priorities for 2023

  FSB Chair’s letter looks at the outlook for financial stability and outlines the FSB’s key work priorities for 2023, including non-bank financial intermediation, crypto-assets, cross-border payments, cyber and operational resilience, and work to address climate-related financial risks.

  Content Type(s): Press, Press Releases Source(s): FSB Policy Area(s): Climate-related Risks, Cross Border Payments, Crypto Assets, Cyber Resilience, Vulnerabilities Assessments

• 16 February 2023 FSB assesses financial stability risks of decentralised finance

  Report provides an overview of the main features and vulnerabilities of Decentralised Finance (DeFi), assesses potential financial stability risks and draws policy implications.

  Content Type(s): Press, Press Releases Source(s): FSB Policy Area(s): Crypto Assets, Vulnerabilities Assessments

• 20 December 2022 FSB reports on global trends and risks in non-bank financial intermediation

  Annual monitoring exercise assessing global trends and risks in non-bank financial intermediation.

  Content Type(s): Press, Press Releases Source(s): FSB Policy Area(s): Non-bank financial intermediation

• 16 December 2022 FSB encourages final transition to robust reference rates as cessation of remaining LIBOR panels approaches

  Report provides an assessment of progress in transition from LIBOR and other benchmark and urges continued momentum for the last stage of transition.

  Content Type(s): Press, Press Releases Source(s): FSB Policy Area(s): LIBOR and other benchmarks

• 14 December 2022 FSB proposes strengthening the liquidity management framework for open-ended funds

  Report assesses effectiveness of the 2017 FSB Recommendations to address vulnerabilities from liquidity mismatch in open-ended funds (OEFs) and proposes further policy work to enhance OEF resilience.

  Content Type(s): Press, Press Releases Source(s): FSB Policy Area(s): Effects of Reforms, Implementation Monitoring, Non-bank financial intermediation

• 12 December 2022 FSB Middle East and North Africa group discusses financial stability outlook and cross-border payments

  FSB holds virtual meeting of the Regional Consultative Group for the Middle East and North Africa.

  Content Type(s): Other Meetings, Press, Press Releases Source(s): RCGs Policy Area(s): Cross Border Payments, EMDEs, Vulnerabilities Assessments

• 9 December 2022 The FSB endorses an improved framework for the assessment and mitigation of systemic risk in the insurance sector and discontinues annual identification of global systemically important insurers (G-SIIs)

  The FSB issues statement on the International Association of Insurance Supervisors’ Holistic Framework and Global Systemically Important Insurers.

  Content Type(s): Press, Press Releases Source(s): FSB, IAIS Policy Area(s): SIFIs