Press

• 10 October 2023 FSB review of 2023 bank failures assesses implications for the operation of the international resolution framework

  Report identifies lessons learnt regarding the FSB Key Attributes’ framework for resolving global systemically important banks (G-SIBs) and other systemically important banks.

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

• 9 October 2023 FSB assesses progress toward achieving G20 cross-border payments targets

  The FSB now has the data to quantitatively measure progress toward the 2027 targets across three market segments of payments: wholesale, retail and remittances.

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

• 6 October 2023 FSB Sub-Saharan Africa group discusses vulnerabilities arising from high sovereign indebtedness and crypto-assets

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

  Content Type(s): Other Meetings, Press, Press Releases Source(s): RCGs Policy Area(s): Crypto Assets, Non-bank financial intermediation, Vulnerabilities Assessments

• 25 September 2023 FSB identifies frictions from data frameworks that pose challenges to enhancing cross-border payments

  FSB invites feedback from stakeholders on how requirements applicable to data frameworks affect the cost, speed, access, transparency of cross-border payments, or interoperability of cross-border payment networks.

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

• 19 September 2023 FSB proposes a toolbox of financial resources and tools for the resolution of central counterparties (CCPs)

  The Financial Stability Board is seeking comments on its consultation report, which sets out a proposal for a toolbox approach as a global standard for central counterparty (CCP) financial resources and tools for resolution.

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

• 7 September 2023 FSB and IMF outline comprehensive approach to identify and respond to macroeconomic and financial stability risks associated with crypto-assets

  Joint synthesis paper provides comprehensive guidance to help authorities address the macroeconomic and financial stability risks posed by crypto-asset activities and markets.

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

• 6 September 2023 Financial system remains vulnerable to further liquidity strains, FSB warns

  FSB publishes progress report on work to address systemic risk in NBFI as well as a report assessing the financial stability implications of NBFI leverage.

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

• 5 September 2023 FSB Chair writes to G20 Leaders ahead of the New Delhi Summit

  The Chair outlines FSB work to address vulnerabilities within the financial system and address the financial stability implications of digitalisation and climate change; and calls for continued support as work to enhance cross-border payments shifts to focus on practical projects.

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

• 30 August 2023 FSB invites feedback on the effects of G20 financial regulatory reforms on securitisation

  The FSB is seeking feedback from stakeholders as part of its evaluation on the effects of securitisation reforms agreed by the G20 in the aftermath of the 2008 global financial crisis.

  Content Type(s): Announcements, Press Source(s): FSB Policy Area(s): Effects of Reforms, Non-bank financial intermediation

• 16 August 2023 Thematic Peer Review on Money Market Fund Reforms: Summary Terms of Reference and request for public feedback

  Peer review will take stock of the measures adopted by FSB member jurisdictions to enhance money market fund (MMF) resilience, including those jurisdictions’ evidence-based explanation of relevant MMF vulnerabilities and policy choices made.

  Content Type(s): Announcements, Peer Review Reports, Publications Source(s): FSB Policy Area(s): Implementation Monitoring, Non-bank financial intermediation, Peer Reviews, Vulnerabilities Assessments