Press Releases

• 25 September 2023 FSB identifies frictions from data frameworks that pose challenges to enhancing cross-border payments

  FSB invites feedback from stakeholders on how requirements applicable to data frameworks affect the cost, speed, access, transparency of cross-border payments, or interoperability of cross-border payment networks.

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

• 19 September 2023 FSB proposes a toolbox of financial resources and tools for the resolution of central counterparties (CCPs)

  The Financial Stability Board is seeking comments on its consultation report, which sets out a proposal for a toolbox approach as a global standard for central counterparty (CCP) financial resources and tools for resolution.

  Content Type(s): Press, Press Releases Source(s): FSB Policy Area(s): Resolution and Crisis Management, SIFIs

• 7 September 2023 FSB and IMF outline comprehensive approach to identify and respond to macroeconomic and financial stability risks associated with crypto-assets

  Joint synthesis paper provides comprehensive guidance to help authorities address the macroeconomic and financial stability risks posed by crypto-asset activities and markets.

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

• 6 September 2023 Financial system remains vulnerable to further liquidity strains, FSB warns

  FSB publishes progress report on work to address systemic risk in NBFI as well as a report assessing the financial stability implications of NBFI leverage.

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

• 5 September 2023 FSB Chair writes to G20 Leaders ahead of the New Delhi Summit

  The Chair outlines FSB work to address vulnerabilities within the financial system and address the financial stability implications of digitalisation and climate change; and calls for continued support as work to enhance cross-border payments shifts to focus on practical projects.

  Content Type(s): Press, Press Releases Source(s): FSB Policy Area(s): Climate-related Risks, Cross Border Payments, Crypto Assets, Cyber Resilience, Non-bank financial intermediation, Resolution and Crisis Management

• 28 July 2023 Final Reflections on the LIBOR Transition

  FSB statement following the end of the remaining USD LIBOR panel at the end of June 2023.

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

• 17 July 2023 FSB finalises global regulatory framework for crypto-asset activities

  FSB publishes recommendations, constituting a regulatory and supervisory framework for crypto-assets and stablecoins.

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

• 13 July 2023 FSB outlines next steps on climate roadmap, following the finalisation of the global sustainability disclosure standards

  Report presents a consolidated update of the progress made by standard-setting bodies and international organisations to address climate-related financial risks and identifies areas that require further attention.

  Content Type(s): Press, Press Releases Source(s): FSB Policy Area(s): Climate-related Risks

• 12 July 2023 FSB Chair outlines work on recent banking turmoil and to finalise crypto-asset recommendations

  FSB Chair’s letter outlines work to learn lessons from recent events in the banking sector and presents the FSB’s reports on crypto-assets, open-ended funds, third-party risk management and climate-related financial risks.

  Content Type(s): Press, Press Releases Source(s): FSB Policy Area(s): Climate-related Risks, Crypto Assets, Financial Innovation, Non-bank financial intermediation, Resolution and Crisis Management, SIFIs

• 6 July 2023 FSB Plenary meets in Frankfurt

  FSB members discussed the outlook for global financial stability, preliminary lessons from the recent banking-sector turmoil, as well as the FSB’s deliverables to the July G20 Finance Ministers and Central Bank Governors meeting in India.

  Content Type(s): Plenary Meetings, Press, Press Releases Source(s): FSB Policy Area(s): Climate-related Risks, Crypto Assets, Non-bank financial intermediation, Resolution and Crisis Management, SIFIs, Vulnerabilities Assessments