Virtual workshop: understanding and addressing systemic risks in non-bank financial intermediation

Join the FSB’s virtual workshop on understanding and addressing systemic risks in non-bank financial intermediation, which will be held on Wednesday 8 – Thursday 9 June from 13:30 to 16:30 (CEST).  

The financial market turmoil in March 2020, brought about by the COVID-19 shock, underscored the need to strengthen resilience in the non-bank financial intermediation (NBFI) sector. The Financial Stability Board is coordinating the international regulatory community’s assessment of identified vulnerabilities and the appropriate financial policy response, working closely with relevant standard-setting bodies.

This work involves:

  • assessing vulnerabilities in specific NBFI areas that may have contributed to the build-up of liquidity imbalances and the amplification of stress;

  • enhancing the understanding and ongoing monitoring of systemic risks in NBFI; and

  • developing policies to address such risks where appropriate, including by assessing the adequacy of current policy tools and approaches given the desired level of resilience for the sector.

The workshop will contribute to the FSB’s work to develop a systemic approach to NBFI. It will feature presentations of analytical work and research that advances the understanding of systemic risks in NBFI and specific policies and approaches that may be used to address them.

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