Press Releases

Incomplete reform implementation leaves financial system vulnerable to shocks, warns FSB Chair

FSB Chair Andrew Bailey warns that without full, timely and consistent implementation of G20 reforms, the financial system remains vulnerable to shocks.

FSB outlines next steps for authorities on AI monitoring

FSB encourages authorities to address data gaps and develop more robust monitoring approaches to assess relevant vulnerabilities.

FSB calls for enhanced policy implementation to achieve tangible improvements in cross-border payments

Public and private sector need to implement agreed policy recommendations to achieve the goals of the Roadmap for faster, cheaper, more transparent and more accessible cross-border payments.

Andrew Bailey sets his priorities as FSB Chair

New FSB Chair Andrew Bailey emphasizes the importance of international coordination amid geopolitical tensions and outlines his key priorities for the FSB.

FSB publishes recommendations to address financial stability risks created by leverage in nonbank financial intermediation

The FSB has delivered to the G20 its policy recommendations on NBFI leverage and a workplan addressing challenges related to nonbank data.

FSB examines vulnerabilities in non-bank commercial real estate (CRE) investors

A number of data gaps impede the monitoring of financial institutions’ exposure to the CRE market and related vulnerabilities.

FSB Plenary meets in Madrid

Plenary confirms the appointment of Andrew Bailey as the next FSB Chair.

FSB appoints Randal K. Quarles to lead G20 strategic review of implementation monitoring

Mr Quarles will chair high-level FSB group tasked by the G20 with assessing 15 years of reform implementation.

FSB Chair calls for continued vigilance on financial sector vulnerabilities

FSB Chair Klaas Knot reflects on progress made under his leadership and outlines key priorities to safeguard global financial stability in the face of ongoing challenges.

FSB finalises the common Format for Incident Reporting Exchange (FIRE)

Developed in collaboration with private sector experts, FIRE reduces the reporting burden for firms operating across multiple jurisdictions and improves communication with and among authorities.

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