Press Releases

• 2 December 2021 Klaas Knot takes office as FSB Chair

  Klaas Knot, President of De Nederlandsche Bank, begins his term as FSB Chair today.

  Content Type(s): Announcements, Press, Press Releases Source(s): FSB Policy Area(s): Governance

• 1 December 2021 FSB Sub-Saharan Africa group reviews regional vulnerabilities and policy challenges related to 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, Vulnerabilities Assessments

• 30 November 2021 FSB publishes report on good practices for Crisis Management Groups

  Report provides a reference for home and host authorities in CMGs to help them enhance their crisis management preparedness.

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

• 29 November 2021 FSB Asia group discusses financial stability outlook and risks from outsourcing and third-party relationships

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

  Content Type(s): Other Meetings, Press, Press Releases Source(s): FSB, RCGs Policy Area(s): COVID-19, Cyber Resilience, EMDEs, Vulnerabilities Assessments

• 25 November 2021 FSB Commonwealth of Independent States (CIS) group discusses risks relating to high debt levels and crypto assets

  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): COVID-19, Cross Border Payments, Crypto Assets, EMDEs, Vulnerabilities Assessments

• 23 November 2021 FSB publishes 2021 G-SIB list

  List of global systemically important banks remains at 30.

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

• 22 November 2021 FSB urges swift action to ensure preparedness for LIBOR cessation

  With only a few weeks remaining to the end of 2021, it is now critical that market participants act urgently to complete any remaining steps set out in the FSB’s Global Transition Roadmap.

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

• 18 November 2021 FSB Plenary meets in Basel

  FSB members discussed vulnerabilities in the global financial system, reviewed issues affecting emerging market and developing economies and agreed the FSB’s work programme for 2022.

  Content Type(s): Plenary Meetings, Press, Press Releases Source(s): FSB Policy Area(s): COVID-19, EMDEs, Vulnerabilities Assessments

• 4 November 2021 FSB highlights implementation progress and gaps on effective compensation practices in financial institutions

  The FSB’s report finds increased use of non-financial measures to promote a sound risk culture and slower progress toward implementing its Principles and their Implementation Standards for sound compensation practices among insurance and asset management firms.

  Content Type(s): Press, Press Releases Source(s): FSB Policy Area(s): Compensation, Governance, Implementation Monitoring

• 1 November 2021 FSB updates the G20 on its work to enhance resilience in non-bank financial intermediation

  Report describes the progress over the past year and planned work to enhance the resilience of non-bank financial intermediation.

  Content Type(s): Press, Press Releases Source(s): FSB Policy Area(s): COVID-19, Macroprudential, Non-bank financial intermediation, OTC Derivatives