Archives - Resolution and Crisis Management

• 19 September 2023 Financial Resources and Tools for Central Counterparty Resolution: Consultation report

  Report proposes a set of resolution-specific resources and tools to support the resolution of a central counterparty (CCP).

  Content Type(s): Current Consultations, Publications Source(s): FSB Policy Area(s): Resolution and Crisis Management, SIFIs

• 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

• 5 September 2023 FSB Chair’s letter to G20 Leaders: September 2023

  FSB Chair Klaas Knot’s letter to the G20 Leaders ahead of their September Summit in New Delhi.

  Content Type(s): Publications, Reports to the G20 Source(s): FSB Policy Area(s): Climate-related Risks, Cross Border Payments, Crypto Assets, Cyber Resilience, Non-bank financial intermediation, Resolution and Crisis Management

• 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

• 27 July 2023 Deployment of Unallocated Total Loss-Absorbing Capacity (uTLAC): Considerations for Crisis Management Groups (CMGs)

  Report outlines considerations on the possible form, location and approaches to deployment of unallocated TLAC (uTLAC) resources to assist effective coordination among authorities in the run-up to and during a resolution of a global systemically important bank (G-SIB).

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

• 26 July 2023 Continuity of access to financial market infrastructure (FMI) services for firms in resolution: Statement following survey feedback

  FSB Statement in response to feedback received from the survey on stakeholder experiences with the framework for information from financial market infrastructure intermediaries to support resolution planning.

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

• 25 July 2023 Potential Financial Headwinds – Why the FSB is focused on non-bank financial intermediation

  Keynote speech by FSB Secretary General, John Schindler, at the International Finance and Banking Society 2023 Conference at the Saïd Business School, University of Oxford, Oxford.

  Content Type(s): Press, Speeches Source(s): FSB Policy Area(s): Crypto Assets, Non-bank financial intermediation, Resolution and Crisis Management

• 12 July 2023 FSB Chair’s letter to G20 Finance Ministers and Central Bank Governors: July 2023

  FSB Chair Klaas Knot’s letter to G20 Finance Ministers and Central Bank Governors ahead of their July meeting in Gandhinagar, India.

  Content Type(s): Publications, Reports to the G20 Source(s): FSB Policy Area(s): Climate-related Risks, Crypto Assets, Financial Innovation, Non-bank financial intermediation, Resolution and Crisis Management, SIFIs

• 12 July 2023 FSB Chair outlines work on recent banking turmoil and to finalise crypto-asset recommendations

  FSB Chair’s letter outlines work to learn lessons from recent events in the banking sector and presents the FSB’s reports on crypto-assets, open-ended funds, third-party risk management and climate-related financial risks.

  Content Type(s): Press, Press Releases Source(s): FSB Policy Area(s): Climate-related Risks, Crypto Assets, Financial Innovation, Non-bank financial intermediation, Resolution and Crisis Management, SIFIs

• 6 July 2023 FSB Plenary meets in Frankfurt

  FSB members discussed the outlook for global financial stability, preliminary lessons from the recent banking-sector turmoil, as well as the FSB’s deliverables to the July G20 Finance Ministers and Central Bank Governors meeting in India.

  Content Type(s): Plenary Meetings, Press, Press Releases Source(s): FSB Policy Area(s): Climate-related Risks, Crypto Assets, Non-bank financial intermediation, Resolution and Crisis Management, SIFIs, Vulnerabilities Assessments