FSB Chair's speech at the launch event for the FSB's final report on leverage in NBFI, 9 July 2025.
Non-bank financial intermediation
The recommendations outline an integrated approach through which authorities should identify financial stability risks created by NBFI leverage and implement policy measures to address them.
The FSB has delivered to the G20 its policy recommendations on NBFI leverage and a workplan addressing challenges related to nonbank data.
This document summarises the responses to the December 2024 public consultation on leverage in nonbank financial intermediation
Annual NBFI progress report heralds shift in focus towards implementation monitoring and vulnerabilities assessment.
9 July 2025
The FSB’s Nonbank Data Taskforce outlines how to address nonbank data challenges, using leveraged trading strategies in sovereign bond markets as a test case.