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FSB Sub-Saharan Africa group discusses global and regional vulnerabilities, climate-related risks and cross-border payments

FSB holds meeting of the Regional Consultative Group for Sub-Saharan Africa in Diani, Ukunda Kenya.

18 November 2022

FSB publishes high-level recommendations for regulation, supervision and oversight of “global stablecoin” arrangements

FSB makes clear global stablecoin arrangements must adhere to all applicable regulatory standards before commencing operation.

13 October 2020

FSB reports on its work to develop a roadmap to enhance global cross-border payments

The G20 asked the FSB to develop a roadmap to enhance cross-border payments.

9 April 2020

FSB publishes updates on work to assess and address correspondent banking declines

Reports show continued decline in correspondent banking relationships but progress in implementing actions to address declines.

29 May 2019

FSB publishes progress report on measures to address the decline in correspondent banking and updated data

Reports show actions by authorities to address the decline in the number of correspondent banking relationships - a further 4% reduction took place in 2017.

16 November 2018



FSB publishes progress report on addressing declines in correspondent banking and recommendations on remittances

FSB publishes progress report on actions to implement the correspondent banking action plan and a stocktake on remittance service providers’ access to the banking system.

16 March 2018

BCBS, CPMI, FATF and FSB welcome industry initiative facilitating correspondent banking

Industry initiative by the Wolfsberg Group is part of efforts to address the decline in the number of correspondent banking relationships by facilitating due diligence processes.

6 March 2018

FSB publishes progress report and 2017 workplan to assess and address the decline in correspondent banking

Report sets out actions and 2017 workplan to address the decline in correspondent banking.

19 December 2016

FSB publishes progress report to G20 on action plan to assess and address the decline in correspondent banking

FSB reports on progress implementing its four-point action plan to address the decline in correspondent banking.

25 August 2016

FSB releases report to G20 on the decline in correspondent banking

A report on the FSB-coordinated work on the decline in correspondent banking.

6 November 2015

FSB Chair co-authors article on correspondent banking and financial inclusion

An article, “Keep finance safe but do not shut out the vulnerable”, by FSB Chair Mark Carney and World Bank Group CFO Bertrand Badré was published in the Financial Times (3 June print edition).

2 June 2015

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Last updated: 14 May 2019