Press Releases

• 24 May 2022 FSB Europe Group discusses regional vulnerabilities, crypto-assets and climate change

  FSB holds meeting of its Regional Consultative Group for Europe in Stockholm.

  Content Type(s): Other Meetings, Press, Press Releases Source(s): RCGs Policy Area(s): Climate-related Risks, Crypto Assets, Vulnerabilities Assessments

• 20 May 2022 FSB Asia group discusses current vulnerabilities and climate-related financial risks

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

  Content Type(s): Other Meetings, Press, Press Releases Source(s): RCGs Policy Area(s): Climate-related Risks, Vulnerabilities Assessments

• 9 May 2022 FSB publishes peer review on out-of-court corporate debt workouts

  Peer review examines the range of approaches in FSB jurisdictions to facilitate corporate restructurings using out-of-court frameworks, including in response to COVID-19.

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

• 29 April 2022 FSB launches consultation on supervisory and regulatory approaches to climate-related risks

  The FSB is consulting on its recommendations, which aim to assist supervisory and regulatory authorities in developing their approaches to monitor, manage and mitigate cross-sectoral and system-wide risks arising from climate change and to promote consistent approaches across sectors and jurisdictions.

  Content Type(s): Press, Press Releases

• 26 April 2022 FSB analyses external vulnerabilities in emerging market economies associated with US dollar funding

  FSB report takes stock of recent trends in the structure of EMEs’ external borrowing, focusing on the shift towards non-bank financing; examines how these developments contributed to the build-up of vulnerabilities in EMEs and to the March 2020 turmoil; and considers policy measures to enhance EME resilience.

  Content Type(s): Press, Press Releases

• 20 April 2022 FSB Chair’s letter to G20 outlines financial stability issues arising from Russia’s invasion of Ukraine

  FSB Chair’s letter presents the current outlook for financial stability and sets out the FSB’s plans to assess and address emerging vulnerabilities, including in commodity markets, in the coming months.

  Content Type(s): Press, Press Releases Source(s): FSB Policy Area(s): Climate-related Risks, COVID-19, Crypto Assets, Cyber Resilience, EMDEs, Macroprudential, Non-bank financial intermediation, Vulnerabilities Assessments

• 5 April 2022 FSB welcomes smooth transition from LIBOR

  Following years of preparation, the end of 2021 marked a major milestone in the transition away from LIBOR and the FSB welcomes the smooth transition to robust alternative rates across global markets, primarily overnight risk-free or nearly risk-free rates.

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

• 31 March 2022 FSB sets out 2022 work programme

  FSB outlines ongoing and planned initiatives in 2022, with work priorities focussing on global and systemic financial challenges, including digitalisation, climate change and potentially also shifts in the macroeconomic and interest rate environment.

  Content Type(s): Press, Press Releases Source(s): FSB Policy Area(s): Climate-related Risks, COVID-19, Cross Border Payments, Crypto Assets, Cyber Resilience, FinTech, Non-bank financial intermediation, Resolution and Crisis Management

• 21 March 2022 FSB report finds that COVID-19 has accelerated the trend towards digitalisation of retail financial services

  Report considers the financial stability implications from the accelerated trend towards digitalisation during the pandemic and highlights the importance of cooperation between financial, competition and data protection authorities.

  Content Type(s): Press, Press Releases Policy Area(s): COVID-19, EMDEs, FinTech

• 10 March 2022 FSB, CPMI and IOSCO analysis highlights need to continue work on CCP financial resources

  Analysis of existing financial resources and tools for central counterparty (CCP) recovery and resolution confirms the need for further work on CCP financial resources for recovery and resolution.

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