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Annual Report highlights FSB’s work to assess and address vulnerabilities in the global financial system

Annual Report highlights FSB’s work to assess and address vulnerabilities in the global financial system

Press enquiries: +41 61 280 8477press@fsb.org Ref: 32/2023 The banking turmoil in March 2023 highlighted issues for financial stability and initial lessons for the implementation of the international resolution framework. …

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FSB review of 2023 bank failures assesses implications for the operation of the international resolution framework

FSB review of 2023 bank failures assesses implications for the operation of the international resolution framework

Press enquiries: +41 61 280 8477press@fsb.org Ref: 31/2023 Review upholds the appropriateness and feasibility of the international resolution framework for global systemically important banks (G-SIBs). Credit Suisse failure highlights some…

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FSB assesses progress toward achieving G20 cross-border payments targets

FSB assesses progress toward achieving G20 cross-border payments targets

Press enquiries: +41 61 280 8477press@fsb.org Ref: 30/2023 The FSB reports today on progress made on priority actions to meet the G20 cross-border payments Roadmap targets. We are also publishing…

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FSB Sub-Saharan Africa group discusses vulnerabilities arising from high sovereign indebtedness and crypto-assets

FSB Sub-Saharan Africa group discusses vulnerabilities arising from high sovereign indebtedness and crypto-assets

Press enquiries: +41 61 280 8477press@fsb.org Ref: 29/2023 The Financial Stability Board (FSB) Regional Consultative Group (RCG) for Sub-Saharan Africa met in Pretoria, South Africa over the past two days in a meeting hosted…

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FSB identifies frictions from data frameworks that pose challenges to enhancing cross-border payments

FSB identifies frictions from data frameworks that pose challenges to enhancing cross-border payments

Press enquiries: +41 61 280 8477press@fsb.org Ref: 28/2023 FSB stocktake of existing national and regional data frameworks identifies frictions that pose challenges to improving the cost, speed, transparency and access of cross-border payments. …

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FSB proposes a toolbox of financial resources and tools for the resolution of central counterparties (CCPs)

FSB proposes a toolbox of financial resources and tools for the resolution of central counterparties (CCPs)

Press enquiries: +41 61 280 8477press@fsb.org Ref: 27/2023 FSB launches consultation on proposals for a set of resolution-specific resources and tools to support the resolution of a CCP. Toolbox approach…

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FSB and IMF outline comprehensive approach to identify and respond to macroeconomic and financial stability risks associated with crypto-assets

FSB and IMF outline comprehensive approach to identify and respond to macroeconomic and financial stability risks associated with crypto-assets

Press enquiries: +41 61 280 8486press@fsb.org Ref: 26/2023 Joint paper synthesises risks and policy findings from IMF work on macroeconomic and monetary issues and FSB work on financial stability risks related to crypto-assets.…

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Financial system remains vulnerable to further liquidity strains, FSB warns

Financial system remains vulnerable to further liquidity strains, FSB warns

Press enquiries: +41 61 280 8486press@fsb.org Ref: 25/2023 The progress report presents findings of work to assess and address “key amplifiers” of liquidity stress in non-bank financial intermediation (NBFI). The…

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FSB Chair writes to G20 Leaders ahead of the New Delhi Summit

FSB Chair writes to G20 Leaders ahead of the New Delhi Summit

Press enquiries: +41 61 280 8486press@fsb.org Ref: 24/2023 FSB Chair warns that the higher interest rates that have been necessary to address inflation, alongside a slowing growth outlook, could impair the capacity of…

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FSB invites feedback on the effects of G20 financial regulatory reforms on securitisation

FSB invites feedback on the effects of G20 financial regulatory reforms on securitisation

A number of regulatory reforms were introduced in the aftermath of the 2008 global financial crisis to address the information asymmetries and incentive problems associated with securitisation markets. The reforms included increases in required capital…

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