The focus areas include LIBOR transition, BigTechs in financial services, and the development of a cyber risk effective practices tookit.
February 21, 2020The FSB undertook a study to understand the impact of Basel III on bank financing of SMEs and found no material impact on their access to capital and credit.
December 2, 2019Amid warnings from the FSB and FATF, the G20 finance leaders have agreed that no stablecoin project should commence operation until their risks are evaluated and appropriately addressed.
October 21, 2019Regulators should lead by example to promote the timely, full and consistent implementation of remaining reforms to support a level playing field and avoid regulatory arbitrage, the FSB says.
October 18, 2019In a letter to the G20 finance ministers and central bank governors, the FSB says the development of post-crisis reforms is “nearly complete”, but implementation progress remains uneven.
October 15, 2019The report notes that China is one of the countries that has outstanding issues with removing barriers to full trade reporting and access to trade repository data.
October 14, 2019The FSB has now published the final governance arrangements for both the UTI and UPI, while CPMI-IOSCO has published the same for the other critical data elements.
October 10, 2019The HKMA has adjusted its implementation schedule for the incoming requirements, taking into account the one-year phased extension announced by BCBS and IOSCO in July.
August 19, 2019Korea has adjusted its domestic implementation schedule for the incoming requirements, taking into account the one-year phased extension announced by BCBS and IOSCO in July.
August 9, 2019Certain FSA-regulated derivatives trading platforms will be exempt from the requirement to register with the CFTC, and the FSA will facilitate authorisation for CFTC-regulated platforms.
July 15, 2019