Annual progress report on the implementation of resolution reforms notes continued challenges in central counterparty (CCP) resolution and resolvability; operationalising resolution plans for insurers; and cross-border resolution in the non-bank sector.
FSB members discussed the outlook for global financial stability, reviewed issues of particular relevance to emerging market and developing economies (EMDEs) and agreed the FSB’s work programme for 2023.
The proposed framework for monitoring progress towards the quantitative targets to enhance cross-border payments, includes key performance indicators defined across the FSB’s 11 targets for the three market segments – wholesale, retail, and remittances.
2022 annual report to the G20 describes the financial stability outlook, the FSB’s priority areas of work and the implementation and effects of the financial regulatory reforms.
