FSB

FSB Chair warns of rising financial risks stemming from Middle East conflict

FSB Chair’s letter to G20 central bank Governors and Finance Ministers highlights the significant challenges posed by the ongoing conflict in the Middle East and its impact on global financial stability.

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.

FSB publishes 2025 Annual Report

In presenting the Report, FSB Chair Andrew Bailey reflects on current challenges to multilateralism and how the FSB will remain fit for purpose.

FSB Chair’s foreword to the FSB Annual Report 2025

In presenting the Report, FSB Chair Andrew Bailey reflects on current challenges to multilateralism and how the FSB will remain fit for purpose.

FSB kicks off new implementation phase to enhance cross-border payments through public-private partnership

Third FSB Cross-border Payments Summit focuses on promoting closer private-public collaboration, with industry investment playing a decisive role in delivering real benefits for end users.

Reforming Cross-border payments: keynote speech at the FSB Payments Summit

In a keynote speech at the FSB Payments Summit, Andrew Bailey, Chair of the Financial Stability Board, sets out what more the private sector, public authorities and international bodies need to do to achieve the G20's goals on cross-border payments.

Thematic Peer Review on Public Sector Backstop Funding Mechanisms: Summary Terms of Reference

Peer review aims to assess FSB members' progress and adherence with policies on establishing public sector backstop funding mechanisms, if needed as a last resort to achieve an orderly resolution.

Public responses to consultation on Scope of Insurers Subject to the Recovery and Resolution Planning Requirements in the FSB Key Attributes

Consultation responses to ‘Scope of Insurers Subject to the Recovery and Resolution Planning Requirements in the FSB Key Attributes: Consultation report‘.

Strategic review of FSB crisis preparedness activities

The review aims to strengthen coordination and ensure the FSB’s approach to prepare for potential crises adapts to emerging vulnerabilities and structural changes in the financial system.

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