Financial Stability Board

74 results about this entity

Period: 11 Jan 2012 - 27 Mar 2025

G20 watchdog rejects crackdown on cryptocurrencies

Cryptocurrencies such as Bitcoin do not currently pose risks to global financial stability, according to a G20-backed watchdog, resisting calls to regulate the market.

FSB publishes report on decline in correspondent banking; makes remittance recommendations

The Financial Stability Board (FSB) today published two reports as part of its work to assess and address the decline in correspondent banking relationships (1) a progress report on the FSB action plan to assess and address the decline in correspondent banking and (2) a stocktake on remittance service providers’ access to banking services, including recommendations to improve accessibility.

FSB expresses concern over decline in correspondent banking relationships

The Financial Stability Board (FSB) today published updated data on correspondent banking relationships using data provided by SWIFT.

Financial Stability Board weighs in on fintech credit markets

Global regulatory bodies are calling for increased scrutiny of credit offerings from fintech-based alternatives to traditional banks.

FSB publishes consultation on UTI governance

The Financial Stability Board (FSB) today published a consultation document on Proposed governance arrangements for the unique transaction identifier (UTI).

FSB Asia contemplates impact of new technology on retail payments

Today, the Hong Kong Monetary Authority hosted the eleventh meeting of the Financial Stability Board (FSB) Regional Consultative Group (RCG) for Asia.

Fintech firms do not threaten financial stability - FSB

Fintech firms do not pose an immediate threat to international financial stability, according to a G20-backed watchdog, which nevertheless says that it is monitoring the nascent sector carefully.

CPMI-Iosco reports push CCP regulatory agenda

Derivatives central counterparties (CCPs) have made meaningful progress in boosting their resilience in recent years but more work is needed to ensure consistency around the world, according to new reports from major global bodies.

Global regulators to probe fintech threats to financial stability

The Financial Stability Board is to evaluate the potential for systemic risk posed by emerging innovations in financial technology, a move which may mark the beginning of the end to the regulatory advantages enjoyed by fintech firms operating at the fringes of the financial services sector.

FSB releases progress report on reforms to FX benchmarks

The FSB today published a progress report on implementation of its September 2014 recommendations for reforms to foreign exchange (FX) benchmarks.

FSB moots creation of global utility for fixing FX benchmarks

The Financial Stability Board is canvassing views on the potential to develop a global order matching utility for fixing foreign exchange trades in an effort to clamp down on banks trading ahead of the daily benchmark rates.

Regulators slate financial firms for poor counterparty risk measures

Five years after the financial crisis, progress on timely and accurate counterparty risk measures has been largely unsatisfactory, reports the Financial Stability Board.