This report provides a status update on implementation progress of the FSB high-level recommendations for Regulation, Supervision and Oversight of “Global Stablecoin” Arrangements.
The new surveillance framework supports the comprehensive, methodical and disciplined review of vulnerabilities, helping to identify and address new and emerging risks to financial stability.
This framework seeks to help financial market infrastructure (FMI) intermediaries better understand which information their clients and their clients’ resolution authorities may need to prepare resolution plans.
This report identifies preliminary lessons from the COVID-19 experience and aspects related to the functioning of the G20 financial regulatory reforms that may warrant further attention.