FSB

FSB warns on private credit vulnerabilities

FSB warns that the private credit sector's complexity, leverage, and interconnectedness could amplify stress in adverse scenarios, posing broader risks to financial stability.

Report on Vulnerabilities in Private Credit

Private credit has expanded rapidly to an estimated $1.5–2 trillion in assets, supporting financing for mid-sized companies but creating potential financial stability risks

FSB finalises guidance on insurers subject to recovery and resolution planning

Guidance sets out how to identify insurers that should be subject to recovery and resolution planning requirements.

Scope of Insurers Subject to the Recovery and Resolution Planning Requirements in the FSB Key Attributes: Final Report

Final guidance outlines key criteria for authorities to consider in assessing individual insurers and specifies circumstances when recovery and resolution planning requirements should always apply.

Scope of Insurers Subject to Recovery and Resolution Planning Requirements in the Key Attributes: Overview of consultation responses

On 25 November 2025, the FSB published a consultation report on the Scope of Insurers Subject to the Recovery and Resolution Planning Requirements (RRP) in the FSB Key Attributes. The consultation, which ended on 6 February 2026, aimed at gathering feedback on criteria to identify insurers subject to RRP requirements, on specific circumstances that should […]

Identification of Critical Functions of Insurers: Practices paper – Revised version

Revised practices paper contains an explanatory note regarding other FSB Guidance concerning the definition of a “critical function” for insurers.

Key Attributes Assessment Methodology for the Insurance Sector: Revised version

This revised version contains an explanatory note regarding other FSB Guidance concerning the definition of a “critical function” for insurers.

Developing Effective Resolution Strategies and Plans for Systemically Important Insurers: Revised version

This guidance contains an explanatory note regarding other FSB Guidance concerning the definition of a “critical function” for insurers.

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.

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