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FSB Report on Market Fragmentation

Report to the G20 on actions to address market fragmentation.

4 June 2019

Market Fragmentation: updates on ongoing work

Progress updates to the G20 on the work to address market fragmentation.

14 October 2020

Meeting of the Financial Stability Board in London on 25 September

FSB plenary meets to discuss policy measures to end too-big-to-fail, concerns on market liquidity, shadow banking, derivatives, misconduct risks, audit and climate change.

25 September 2015

FSB Plenary meets in Zurich, Switzerland

At its meeting today, the FSB reviewed and approved a number of policy proposals to be submitted to the G20 Summit in November, including on a package of measures to address the “too big to fail” problem.

3 October 2011

FSB Chair’s letter to G20 Finance Ministers and Central Bank Governors: October 2019

Randal K. Quarles’ letter to the G20 ahead of meetings in Washington D.C.

13 October 2019

FSB Chair’s letter to G20 Leaders - Building a resilient and open global financial system to support sustainable cross-border investment

FSB Chair’s letter to G20 Leaders in advance of their meeting in Hangzhou on 4-5 September.

31 August 2016

Chair’s letter to the G20: Financial Reforms – Achieving and Sustaining Resilience for All

This letter from the FSB Chair to the G20 Leaders in advance of the Antalya Summit reports on progress on the FSB’s work and highlights issues that demand the attention of Leaders.

9 November 2015

FSB welcomes extension of industry initiative to promote orderly cross-border resolution of G-SIBs

FSB welcomes industry initiative to promote the orderly resolution of G-SIBs by extending contractual arrangements for the cross-border effectiveness of temporary stays in resolution for OTC derivatives and securities financing transactions.

12 November 2015

FSB reviews financial vulnerabilities and deliverables for G20 Summit

FSB’s 2019 work programme reflects its pivot to implementing and evaluating the effects of reforms and addressing new and emerging vulnerabilities.

22 October 2018

FSB reports to G20 Leaders on financial regulatory reforms

FSB report shows reforms are working and no major unintended consequences from the G20 financial regulatory reforms.

31 August 2016

FSB updates on work to address market fragmentation

The report provides updates on the four areas for further work identified for further work.

14 October 2020

Progress in implementation of G20 financial regulatory reforms

Summary progress report delivered to the G20 Leaders’ Summit in Osaka.

25 June 2019

FSB Chair reports to G20 Finance Ministers and Central Bank Governors

Letter highlights FSB’s work to ensure resilience in the face of new risks.

13 October 2019


FSB and standard-setting bodies publish final report on effects of reforms on incentives to centrally clear over-the-counter derivatives

Standard-setters publish final report on evaluation of the effects of the G20 reforms on incentives to centrally clear OTC derivatives.

19 November 2018

FSB reports to G20 on progress of financial regulatory reforms

end "too big to fail"; creating continuous core markets by completing over-the-counter (OTC) derivatives

19 April 2013

FSB assesses financial vulnerabilities and takes stock of actions under its 2018 workplan

FSB Plenary agrees next steps on monitoring of crypto-asset risks, cyber resilience, evaluations of the effects of reforms and a review of processes and transparency.

25 June 2018

FSB publishes 2018 Resolution Report and publicly consults on financial resources to support CCP resolution

Implementation of resolution regimes most advanced for banks and progress is less advanced for insurers and CCPs.

15 November 2018

FSB publicly consults on resolution-related disclosures and on the operationalisation of bank recovery and resolution

Consultations consider how public disclosures and measures to allow for the wind-down of derivatives portfolios could improve the resolvability of G-SIBs.

3 June 2019

FSB publishes report on market fragmentation

Report identifies several areas for further work to address fragmentation in the global financial system.

4 June 2019

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Last updated: 14 May 2019