FSB Chair’s letter to G20 central bank Governors and Finance Ministers highlights the significant challenges posed by the ongoing conflict in the Middle East and its impact on global financial stability.
Nonbank financial intermediation
FSB Chair warns that the risk of multiple vulnerabilities crystallising simultaneously has increased, posing a heightened threat to global financial stability.
Against a backdrop of rising vulnerabilities, in 2025 the FSB delivered work in key areas such as NBFI leverage, crypto-assets and stablecoins, operational resilience and enhanced cross-border payments.
24 March 2026
In presenting the Report, FSB Chair Andrew Bailey reflects on current challenges to multilateralism and how the FSB will remain fit for purpose.
24 March 2026
In presenting the Report, FSB Chair Andrew Bailey reflects on current challenges to multilateralism and how the FSB will remain fit for purpose.
Bank of Tanzania hosts FSB Sub-Saharan Africa group in Zanzibar.
4 February 2026
Vulnerabilities within repo markets’ segments have the potential to spread through the financial system.
4 February 2026
Report highlights vulnerabilities within repo markets, potential contagion channels and emphasises the need to preserve their functionality during periods of stress.
3 February 2026
Report summarises FSB initiatives in 2026, including an indicative schedule of the FSB’s planned publications for the year.
“Sense and Sensibility” in nonbank regulation: a thoughtful approach to nonbank financial regulation
28 January 2026
In a speech at NYU Stern School of Business, John Schindler explores whether, and how, bank-like regulations should apply to nonbanks.