Financial Stability Board

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    Capital / Liquidity

    FSB Addresses Financial Stability Implications of Recent Bank Failures

    By Editors | 29/03/2023

    The FSB said its members have agreed to “review the lessons to be learned from the recent actions by authorities to resolve financial institutions”.

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    Crypto / Digital Assets

    FSB-IMF Paper to Support Global Policy Approach to Crypto

    By Editors | 03/03/2023

    An “IMF-FSB Synthesis Paper” due to be published in September will support a “coordinated and comprehensive policy approach to crypto-assets”.

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    Market Infrastructure

    FSB Sets Out Next Steps for Enhancing Cross-border Payments

    By Editors | 26/02/2023

    The next phase of work focuses on payment system interoperability, legal and regulatory frameworks, and cross-border data exchange.

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    Market Infrastructure

    DSB Announces Launch Dates for UPI Service

    By Editors | 24/02/2023

    The UPI UAT environment and a client onboarding and support platform will be available from 17 April, and the UPI production environment from 16 October.

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    Crypto / Digital Assets

    FSB Highlights NBFI, Crypto and DeFi as Key Priorities for 2023

    By Editors | 21/02/2023

    In a letter to G20 ministers, FSB chair Klaas Knot discusses commodity market vulnerabilities and work to address DeFi/crypto risks and enhance cross-border payments.

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    Market Infrastructure

    BOE Sets Out Vision for UK Payments with RTGS Roadmap

    By Mark Johnston | 21/02/2023

    The BOE will improve its RTGS through a new core settlement engine, migration to ISO 20022 messaging, and build-in CBDC functionality.

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    Big Picture

    FSB Warns of Excessive Concentration Risk in in Commodity Markets

    By Mark Johnston | 20/02/2023

    The concentration of market power among a few firms and their reliance on debt increases the potential for market disruptions in commodity markets.

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    Capital / Liquidity

    FSB Calls for Research on Post-GFC Securitisation Reforms

    By Editors | 20/02/2023

    The FSB is seeking academic papers that examine the extent to which securitisation operates on a sound and sustainable basis and provides appropriate alignment of incentives.

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    Crypto / Digital Assets

    FSB Assesses DeFi Vulnerabilities and How to Address Them

    By Manesh Samtani | 17/02/2023

    The FSB will consider changes to its proposed crypto regulatory framework to account for DeFi-specific risks, and policy responses to address TradFI-DeFi interactions.

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    Big Picture

    Tokenisation Can Threaten Financial System Stability: Denis Beau

    By Mark Johnston | 25/01/2023

    Banque de France official says tokenisation increases operational risks, especially cyber risks, and needs to be regulated “as swiftly as possible”.

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