As public support is phased out, the ability of banks and non-bank financial institutions to bear risks and provide financing will be critical, the FSB says.
April 7, 2021DTCC proposes plan to eliminate cross-jurisdictional differences in trade reporting standards to boost transparency and the monitoring of systemic risk.
March 17, 2021The Sustainable Finance Study Group is being re-established after a two-year suspension, with the PBOC and the US Treasury as its co-chairs.
March 3, 2021The FSB says it will produce an assessment of initial lessons learned from the pandemic and a report on the factors needed for an orderly unwinding of support measures.
February 26, 2021The guidelines formalise obligations for banks and insurers to integrate Communist Party leadership in the governance of state-owned and private banks and insurers.
February 5, 2021Expanding the availability of PvP settlement to a wider range of transactions and actors will reduce FX settlement risk and support global financial stability.
December 20, 2020PBOC governor Yi Gang also said China will work to enhance its green finance standards, and explore the introduction of mandatory reporting of environmental risks by FIs.
December 11, 2020The FATF seeks feedback to help identify how divergent AML/CFT measures adopted at the national level add to the challenges of cross-border payments.
December 2, 2020Marcus Pleyer says not all G20 members have taken effective action to make a real difference, despite their public calls for full implementation of the FATF standards.
November 25, 2020In a letter to the G20, the FSB outlines its key priorities for the year ahead, including work to address vulnerabilities in money market funds, open-ended funds, and bond markets.
November 18, 2020