Press Releases

• 13 July 2021 FSB identifies preliminary lessons for financial stability from the COVID-19 experience

  FSB interim report on lessons learnt from the COVID-19 pandemic identifies preliminary lessons for financial stability and some areas of post-2008 crisis regulatory reforms that require further consideration.

  Content Type(s): Press, Press Releases Source(s): FSB Policy Area(s): COVID-19, Cyber Resilience, Effects of Reforms, Non-bank financial intermediation

• 7 July 2021 FSB Chair presents a comprehensive roadmap for addressing climate-related financial risks

  Chair’s letter also highlights policy proposals to enhance the resilience of money market funds and the importance of completing LIBOR transition.

  Content Type(s): Press, Press Releases Source(s): FSB Policy Area(s): Climate Risks, COVID-19, Financial Benchmarks, Non-bank financial intermediation

• 6 July 2021 FSB urges action to complete the transition away from LIBOR by end-2021

  With limited time left until end-2021, all firms across the globe must act urgently to complete the steps set out in the Global Transition Roadmap.

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

• 30 June 2021 FSB seeks feedback on its policy proposals to enhance money market fund resilience

  Public consultation sets out policy proposals to enhance MMF resilience, including with respect to the appropriate structure of the sector and of underlying short-term funding markets.

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

• 28 June 2021 FSB launches thematic peer review on corporate debt workouts and invites feedback from stakeholders

  The review seeks to support COVID-19 response efforts by examining FSB member jurisdictions’ practices, experiences and lessons from out of court debt workouts, and the implications for financial stability.

  Content Type(s): Press, Press Releases Source(s): FSB Policy Area(s): COVID-19, Peer Reviews, Resolution and Crisis Management

• 8 June 2021 FSB Sub-Saharan Africa group discusses financial stability and regulatory and supervisory challenges arising from COVID-19

  FSB holds virtual meeting of the Regional Consultative Group for Sub-Saharan Africa.

  Content Type(s): Other Meetings, Press, Press Releases Source(s): FSB, RCGs Policy Area(s): COVID-19, EMDEs, Supervision and Risk Management, Vulnerabilities Assessments

• 2 June 2021 FSB issues statements to support a smooth transition away from LIBOR by end 2021

  Statements and documents set out recommendations for stakeholders to consider when transitioning away from LIBOR.

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

• 31 May 2021 FSB seeks feedback on its proposals for quantitative targets for enhancing cross-border payments

  The proposed targets set goals for addressing the challenges of cost, speed, transparency and access faced by cross-border payments.

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

• 27 May 2021 FSB Europe group discusses global vulnerabilities and addressing risks related to money market funds and climate change

  FSB holds virtual meeting of the Regional Consultative Group for Europe.

  Content Type(s): Other Meetings, Press, Press Releases Source(s): FSB, RCGs Policy Area(s): Climate Risks, COVID-19, Macroprudential, Non-bank financial intermediation, Vulnerabilities Assessments

• 20 May 2021 FSB Commonwealth of Independent States (CIS) group discusses risks to financial stability

  FSB holds virtual meeting of the Regional Consultative Group for the Commonwealth of Independent States.

  Content Type(s): Other Meetings, Press, Press Releases Source(s): FSB, RCGs Policy Area(s): Climate Risks, COVID-19, Cross Border Payments, EMDEs, Financial Benchmarks, Vulnerabilities Assessments