Financial Stability Board

Emerging Prudential Risks

FSB Nominates Bank of England Governor as New Chair

By Nithya Subramanian | 08/04/2025

Andrew Bailey’s nomination is expected to be finalised in June. He will hold the role for a three-year term, succeeding Klaas Knot.

Payments & Settlements

FSB Launches Forum on Cross-Border Payments Data

By Mark Johnston | 28/03/2025

The initiative aims to enhance cross-border payments by improving dialogue and strengthening cooperation on data-related issues.

Structural Regulation

IOSCO Unveils Work Programme, Key Priorities for 2025

By Nithya Subramanian | 17/03/2025

IOSCO initiatives include measures to address risks in digital trading, curb online financial fraud finance, and continue research on AI.

AI Risk & Governance

IOSCO Publishes New Consultation Report on Artificial Intelligence

By Thisanka Siripala | 13/03/2025

The report identifies five key findings following engagement with IOSCO members and stakeholders and invites further feedback.

Cryptocurrency

Japan’s Cabinet Approves Bill to Ease Crypto Regulations

By Thisanka Siripala | 11/03/2025

The bill establishes a new category for crypto intermediaries and enhances flexibility in stablecoin reserve management, among other things.

Emerging Prudential Risks

Industry Bodies Caution Against FSB Proposals for Addressing NBFI Leverage

By Thisanka Siripala | 11/03/2025

UK Finance and ISDA said regulators should first improve their use of existing data before imposing new reporting requirements.

Emerging Prudential Risks

FSB to Establish Taskforce to Address NBFI Leverage – Report

By Nithya Subramanian | 03/03/2025

New task force will work to ensure national regulators have adequate data to assess financial stability risks from NBFIs such as hedge funds.

Emerging Prudential Risks

FSB to Prioritise Implementation of Post-Crisis Reforms

By Mark Johnston | 26/02/2025

The FSB will conduct a strategic review of 15 years of post-crisis reforms to identify areas for improvement in ensuring consistent, global implementation.

Cryptocurrency

FSB Launches Thematic Review of Global Crypto Regulatory Framework

By Thisanka Siripala | 25/02/2025

The FSB is inviting feedback to evaluate progress made by countries in implementing its global regulatory framework for crypto-asset activities.