Press Releases

• 17 October 2022 FSB makes proposals to achieve greater convergence in cyber incident reporting

  FSB seeks feedback on its recommendations to address impediments to achieving convergence, further work on establishing common terminologies related to cyber incidents and a proposal to develop a common format for incident reporting exchange.

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

• 13 October 2022 FSB publishes recommendations for supervisory and regulatory approaches to climate-related risks and calls for continued progress on disclosures

  FSB encourages authorities to explore the potential for a macroprudential policy response in parallel with microprudential measures to address climate-related risks and stresses the need for the timely issuance of a final global baseline climate reporting standard, ready for adoption across jurisdictions.

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

• 11 October 2022 FSB Chair sets out ongoing work to strengthen financial resilience amidst growing financial stability challenges

  FSB Chairs letter warns of risks to the outlook for financial stability, and presents the FSB’s reports on crypto-assets, cross-border payments, cyber incident reporting and climate disclosures and regulatory and supervisory approaches to addressing 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, Disclosure, Non-bank financial intermediation, Supervision and Risk Management, Vulnerabilities Assessments

• 11 October 2022 FSB proposes framework for the international regulation of crypto-asset activities

  FSB announces a comprehensive set of proposals for the regulation and supervision of crypto-asset activities and invites feedback on the recommendations.

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

• 10 October 2022 FSB outlines next steps for enhancing cross-border payments

  FSB issues progress report and outlines priorities for next phase of work under its Roadmap for Enhancing Cross-border Payments.

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

• 14 July 2022 FSB outlines progress made on addressing financial risks from climate change

  First annual progress report takes stock of progress made by standard-setting bodies and other international organisations on the actions coordinated through the FSB Roadmap, outlines areas for further attention, and provides updates where needed to the detailed Roadmap actions.

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

• 13 July 2022 FSB Chair flags to G20 growing challenges to financial stability

  FSB Chair’s letter presents the FSB’s report on exit strategies to support equitable recovery and address effects from COVID-19 scarring in the financial sector; discusses the FSB’s role coordinating the international regulation of crypto-assets; and reviews progress under the FSB roadmap for addressing climate-related financial risks.

  Content Type(s): Press, Press Releases Source(s): FSB Policy Area(s): Climate-related Risks, COVID-19, Crypto Assets

• 11 July 2022 FSB issues statement on the international regulation and supervision of crypto-asset activities

  Statement reaffirms FSB’s commitment to promote international consistency of regulatory and supervisory approaches and facilitate cross-border and cross-sector cooperation amongst national authorities and international standard-setters as they work towards developing risk-based and technology-neutral policy for the wide spectrum of crypto-assets, grounded in the principle of “same, activity, same risk, same regulation”.

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

• 7 July 2022 FSB explores options to promote broader adoption of the Legal Entity Identifier (LEI) in cross-border payments

  Report outlines the benefits that could accrue from the use of the Legal Entity Identifier in cross-border payment transactions and sets out recommendations and options to promote the use of the LEI.

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

• 6 July 2022 FSB proposes key performance indicators for measuring progress toward the G20 cross-border payments targets

  FSB proposes key performance indicators for measuring progress toward the G20 cross-border payments targets.

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