Financial innovation and structural change
It is important for authorities to proactively consider what structural change to the financial system will mean for financial stability. Regulators need to consider how the structure of the financial system will change to ensure that firms can be effectively regulated
Technology is increasingly changing the way financial institutions operate and the structure of markets. Additionally, significant new risks such as climate risk could increased vulnerabilities in the financial system.
The FSB considers a wide range of issues which might give rise to financial stability risks.