Publications

186 results

FSB Chair’s letter to G20 Finance Ministers and Central Bank Governors: April 2026

FSB Chair warns that the risk of multiple vulnerabilities crystallising simultaneously has increased, posing a heightened threat to global financial stability.

Promoting Global Financial Stability: 2025 FSB Annual Report

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.

Vulnerabilities in Government Bond-backed Repo Markets

Vulnerabilities within repo markets’ segments have the potential to spread through the financial system.

FSB Work Programme for 2026

Report summarises FSB initiatives in 2026, including an indicative schedule of the FSB’s planned publications for the year.

Global Monitoring Report on Nonbank Financial Intermediation 2025

This year’s report presents enhanced data on nonbanks’ use of wholesale funding and finance companies’ loan assets, including mortgage loans.

FSB Chair’s letter to G20 Leaders: November 2025

Amidst a challenging outlook for growth, the FSB will work to strengthen implementation of global standards and to respond to changes in the financial system, writes Andrew Bailey.

Leverage in Nonbank Financial Intermediation: Final report

The recommendations outline an integrated approach through which authorities should identify financial stability risks created by NBFI leverage and implement policy measures to address them.

Enhancing the Resilience of Nonbank Financial Intermediation: Progress report

Annual NBFI progress report heralds shift in focus towards implementation monitoring and vulnerabilities assessment.

FSB Workplan to Address Nonbank Data Challenges

The FSB’s Nonbank Data Taskforce outlines how to address nonbank data challenges, using leveraged trading strategies in sovereign bond markets as a test case.

Leverage in Nonbank Financial Intermediation (NBFI): Overview of consultation responses and changes to the report to address them

This document summarises the responses to the December 2024 public consultation on leverage in nonbank financial intermediation