Press Releases

• 19 October 2020 FSB encourages use of cyber incident response and recovery toolkit

  Toolkit sets out financial institutions’ effective practices for cyber incident response and recovery.

  Content Type(s): Press, Press Releases Source(s): FSB Policy Area(s): Cyber Resilience

• 16 October 2020 FSB publishes global transition roadmap for LIBOR

  The roadmap sets out key steps to remove remaining dependencies on LIBOR by end-2021.

  Content Type(s): Press, Press Releases Source(s): FSB Policy Area(s): Financial Benchmarks

• 14 October 2020 FSB updates on work to address market fragmentation

  The report provides updates on the four areas for further work identified for further work.

  Content Type(s): Press, Press Releases Source(s): FSB Policy Area(s): Effects of Reforms, OTC Derivatives, Resolution and Crisis Management

• 14 October 2020 FSB Chair updates G20 on action to harness benefits from financial technology and innovation

  Technology and innovation are transforming the global financial landscape, presenting opportunities, risks and challenges.

  Content Type(s): Press, Press Releases Source(s): FSB Policy Area(s): Climate Risks, COVID-19, EMDEs, FinTech, Supervision and Risk Management

• 13 October 2020 FSB delivers a roadmap to enhance cross-border payments

  The roadmap provides a high-level plan, which sets ambitious but achievable goals, to enhance cross-border payments.

  Content Type(s): Press, Press Releases Source(s): FSB Policy Area(s): Correspondent Banking, Cross-border payments, EMDEs, FinTech

• 13 October 2020 FSB publishes high-level recommendations for regulation, supervision and oversight of “global stablecoin” arrangements

  FSB makes clear global stablecoin arrangements must adhere to all applicable regulatory standards before commencing operation.

  Content Type(s): Press, Press Releases Source(s): FSB Policy Area(s): EMDEs, FinTech

• 12 October 2020 FSB report considers financial stability implications of BigTech in finance in emerging market and developing economies

  Report discusses benefits and risks and highlights the positive role that strong regulation, supervision and policy measures can play.

  Content Type(s): Press, Press Releases Source(s): FSB Policy Area(s): EMDEs, FinTech, Supervision and Risk Management

• 9 October 2020 FSB encourages broad and timely adherence to the ISDA IBOR Fallbacks Protocol

  FSB strongly encourages widespread and early adherence to the Protocol by all affected financial and non-financial firms.

  Content Type(s): Press, Press Releases Source(s): FSB Policy Area(s): Financial Benchmarks, OTC Derivatives

• 9 October 2020 FSB report highlights increased use of RegTech and SupTech

  The increased use of supervisory and regulatory technology is transforming the global financial landscape, presenting opportunities, risks and challenges.

  Content Type(s): Press, Press Releases Source(s): FSB Policy Area(s): FinTech, Supervision and Risk Management

• 7 October 2020 FSB and IMF publish 2020 Progress Report on G20 Data Gaps Initiative

  The report sets out implementation progress for the second phase of the G20 Data Gaps Initiative.

  Content Type(s): Press, Press Releases Source(s): FSB Policy Area(s): Data Gaps, LEI, Non-bank financial intermediation, OTC Derivatives, SIFIs