The changes are aimed at ensuring FIs and DNFBPs do not unwittingly support or become part of proliferation financing networks or schemes.
October 26, 2020The rapid and coordinated policy response to Covid-19 has underlined policymakers’ awareness of harmful effects of market fragmentation, the FSB says.
October 15, 2020The letter describes the FSB's work to address issues of financial innovation and technology, promote a resilient and integrated global financial system, and address market fragmentation.
October 14, 2020The roadmap seeks to address key challenges faced in cross-border payments including high costs, low speed, limited access and insufficient transparency.
October 13, 2020Where financial services activities are undertaken by new types of actors, such as BigTech firms, the principle of ‘same risk-same regulation’ should apply, the report says.
October 13, 2020The fourth progress report on phase two implementation of DGI-2 says progress made to date has proven its value during the crisis triggered by the Covid-19 pandemic.
October 8, 2020FNA won the dynamic information-sharing category; Tookitaki won in the monitoring and surveillance category; ISDA and REGnosys won the regulatory reporting category.
October 7, 2020The Regulatory Oversight Committee of the Global LEI System will be the International Governance Body for the UTI, UPI and CDE as of 1 October.
September 27, 2020The G20 officials have pledged to continue using all available policy tools to help support the global economy and enhance the resilience of the financial system.
July 20, 2020Funding markets remain at risk of liquidity stress, volatility in markets may return, and assets are at risk of a "sudden and sharp" repricing.
July 16, 2020