The Annual Report has been redesigned to be more forward-looking and encompassing so that it describes the FSB’s work to promote global financial stability.
Greater harmonisation in cyber incident reporting would promote financial stability, especially given the digitalisation of financial services and increased use of third-party service providers.
Disclosures have accelerated thanks to jurisdictional initiatives, as well as through the IFRS Foundation’s work to develop a baseline reporting standard.
Report sets out proposals and considerations on how policy options could be selected and combined to address all the vulnerabilities arising from different types of MMFs.
Sixth Progress Report flags challenges to implementation for DGI-2 and outlines the remaining work towards completing the recommendations, including a possible new data gaps initiative beyond 2021.
