Financial Stability Board

Crypto / Digital Assets

Hong Kong Announces Gazettal of Stablecoins Bill

By Sanday Chongo Kabange | 08/12/2024

The bill will implement a licensing and regulatory regime for issuers of fiat-referenced stablecoins. The first reading is set for 18 December.

Capital / Liquidity

FSB Outlines 2024 Progress on Resolution-related Work

By Manesh Samtani | 07/12/2024

In 2024, a new global standard for CCP resolution was finalised. The FSB has published its first list of insurers subject to resolution planning standards.

Market Infrastructure

FSB Plenary Meets in Hong Kong to Discuss Financial Stability Issues

By Editors | 05/12/2024

The Plenary reviewed policy work on climate-related financial risks, crypto-assets and global stablecoins, cross-border payments, and NBFI.

Capital / Liquidity

FSB Publishes 2024 List of Global Systemically Important Banks

By Manesh Samtani | 27/11/2024

Groupe Crédit Agricole has been moved to a higher bucket and Bank of America has been moved to a lower bucket. There are no other changes.

Capital / Liquidity

ECB Compares EU and US Capital Requirements for Banks

By Mark Johnston | 23/11/2024

The ECB hasn’t yet decided whether to publish its analysis, which reportedly shows that EU banks would face significantly higher capital requirements if they were subject to US rules.

Big Picture

Compensation Must Be Aligned with Prudent Risk-Taking: FSB

By Manesh Samtani | 22/11/2024

New FSB report identifies legal and regulatory challenges associated with the use of compensation tools to promote prudent risk taking.

Capital / Liquidity

FSB Urges G20 Leaders to Fully Implement Agreed Reforms

By Mark Johnston | 20/11/2024

FSB Chair Klaas Knot emphasises the importance of addressing financial system vulnerabilities, including through the full and timely implementation of agreed reforms.

Fintech / Regtech

FSB Flags Growing Risks of AI Adoption in Financial Services

By Thisanka Siripala | 19/11/2024

New FSB report identifies AI-related vulnerabilities in the financial sector that can potentially increase systemic risk.

Big Picture

FSB Urges Jurisdictions to Advance Bank Resolution Planning Efforts

By Manesh Samtani | 18/11/2024

The 2023 bank failures underscored that “any financial institution” could be systemically significant or critical if it fails.