Financial Stability Board

Resolution & Recovery

MAS Proposes Recovery & Resolution Planning Requirements for Insurers

By Editors | 03/10/2023

MAS plans to issue a new notice setting out requirements for insurers to prepare and test recovery plans, and enhance its resolution powers for the insurance sector.

Payments & Settlements

FSB Identifies Data-related Challenges in Cross-Border Payments

By Mark Johnston | 26/09/2023

The FSB is developing recommendations to promote alignment and interoperability across data frameworks applicable to cross-border payments.

Resolution & Recovery

FSB Proposes Toolbox of Financial Resources and Tools for CCP Resolution

By Editors | 21/09/2023

New consultation report proposes a “toolbox approach” as a global standard for CCP financial resources and tools for resolution.

Stablecoins

Stablecoin Summer: How Three Months of Policy And Innovation Could Shape the Future of the Ecosystem

By Ari Redbord | 18/09/2023

Ari Redbord and Angela Ang discuss recent developments which made the summer of 2023 a hot one for stablecoins.

Cryptocurrency

“Consistency” and “Cooperation” To Form Next Steps in Crypto Regulation

By Jill Wong | 15/09/2023

Chengyi Ong, Chainalysis’ head of policy, APAC, talks to Regulation Asia about the perceived policy direction in crypto regulations.

Cryptocurrency

G20 Endorses Crypto Regulatory Roadmap, India Unlikely to Impose Ban

By Manesh Samtani | 12/09/2023

The G20 finance ministers and central bank governors will meet again next month to take the IMF-FSB crypto regulatory roadmap forward.

Cryptocurrency

FSB, IMF Publish Global Regulatory Roadmap for Crypto

By Manesh Samtani | 08/09/2023

The joint report says comprehensive regulatory and supervisory oversight of crypto-assets should be a baseline to address macroeconomic and financial stability risks.

Emerging Prudential Risks

FSB Warns of Financial Stability Risks from ‘Hidden’ NBFI Leverage

By Editors | 07/09/2023

The FSB has identified pockets of high leverage in the NBFI sector and outlines policy implications to address these vulnerabilities.

Emerging Prudential Risks

FSB Warns of ‘Further Shocks’ in G20 Progress Update

By Manesh Samtani | 06/09/2023

The update also discusses the FSB’s work to address NBFI risks, implement its recommendations on crypto regulations, and respond to climate-related risks.