Nonbank financial intermediation

FSB Chair’s letter to G20 Leaders: November 2025

Amidst a challenging outlook for growth, the FSB will work to strengthen implementation of global standards and to respond to changes in the financial system, writes Andrew Bailey.

Evolution of private credit markets and stablecoins warrant close monitoring, says FSB Chair

Andrew Bailey reaffirms the FSB’s commitment to supporting G20 countries in responding to a high pace of change in the global financial system.

FSB Plenary sets out 2026 work plan

FSB members met in Riyadh and discussed vulnerabilities in the global financial system and agreed the FSB work programme for 2026.

FSB Regional Consultative Group for Middle East and North Africa meets in Istanbul

Central Bank of the Republic of Türkiye hosts FSB MENA group in Istanbul.

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