Financial Stability Board

    Fintech / Regtech

    TerraUSD Collapse Highlights Need for Stablecoin Regulation: Yellen

    By Manesh Samtani | 12/05/2022

    The world’s fourth largest stablecoin lost its peg this week, trading as low as 23 cents to the dollar on Wednesday.

    Big Picture

    Out-of-Court SME Restructuring Protects Financial Stability: FSB

    By Manesh Samtani | 10/05/2022

    Jurisdictions should assess their out-of-court corporate debt workout frameworks and reduce barriers to access for SMEs experiencing corporate stress.

    ESG / Sustainability

    FSB Issues Guidance for Regulators on Climate-related Risks

    By Editors | 29/04/2022

    The report offers recommendations for monitoring, managing and mitigating climate-related risks to promote consistent approaches across sectors and jurisdictions.

    Big Picture

    FSB Proposes Policy Measures to Address EM Vulnerabilities

    By Editors | 26/04/2022

    The proposals seek to reduce vulnerabilities from foreign currency borrowing, including by exploring ways to reduce the “mechanistic use of credit ratings” by index providers.

    Crypto / Digital Assets

    FSB Warns of Emerging Vulnerabilities, Financial Stability Risks

    By Manesh Samtani | 21/04/2022

    Global financial stability cannot be taken for granted going forward, FSB Chair Klaas Knot said in a letter to G20 Finance Ministers and Central Bank Governors.

    Market Infrastructure

    FSB Applauds ‘Smooth Transition’ Away from LIBOR

    By Editors | 05/04/2022

    The FSB highlights a need to continue building liquidity in RFR-based products, use SOFR across global markets, and plan for the remaining USD LIBOR settings to cease.

    Big Picture

    FSB Publishes Work Programme for 2022

    By Editors | 31/03/2022

    Key focus areas include work to address Covid-19 scarring effects, enhance cross-border payments, and address financial risks from climate change.

    Crypto / Digital Assets

    FSB Calls for Academic Papers Covering Crypto, DeFi Risks

    By Editors | 24/03/2022

    The FSB is inviting authours to submit papers analysing the structures and evolving linkages between crypto-asset markets for an upcoming plenary session.

    Big Picture

    Financial Stability Risks from BigTech May Be Increasing: FSB

    By Editors | 21/03/2022

    The FSB warns that bigtechs could become so large or dominant that their failure could have a severe impact on economic activity and financial stability.

    Big Picture

    Standard-setters Assess Adequacy of CCP Resolution Tools

    By Editors | 10/03/2022

    New report analyses default and non-default loss scenarios potentially extreme enough to require the use of CCP recovery and resolution tools.

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