🌍 Our Regional Consultative Group for Europe met on 2-3 June in Vienna, hosted by Oesterreichische Nationalbank @oenb. Members discussed private credit, AI risks, global and regional vulnerabilities, and system-wide stress testing.
https://t.co/XWbB2VwhVu
#FSB#RCG#Europe
At their recent meeting in London, FSB Members expressed concern over a complicated risk landscape.
👉 Find out more: https://t.co/OnjemNqPYz
#FinancialMarkets#PrivateCredit#FrontierAI
The FSB Plenary met on 1 June in London to discuss key vulnerabilities in the global financial system and review progress on several of the FSB’s work priorities.
Find out more: https://t.co/OnjemNqPYz
#FinancialStabilityBoard
🚨 Explore the April edition of our newsletter, Stability Matters: https://t.co/DTfLRIUWkj
Each edition features:
📊 Updates on FSB reports, speeches, & events
👩💼 Staff profiles offering insights into the FSB Secretariat's work
📩 Subsrcibe here: https://t.co/Xt98YDaGcx
Speaking at @InsuranceEurope 16th International Conference, our Secretary General, John Schindler, highlighted key vulnerabilities - from geopolitical shifts to private credit - threatening the outlook for global #FinancialStability.
🔗 https://t.co/gM14eaqIXc
#FSB#InsConf16
🌎 Our Regional Consultative Group for the Americas met on 19-20 May in Grand Cayman, hosted by the Cayman Islands Monetary Authority. Members discussed financial vulnerabilities, cyber resilience, cross-border payments, and regulatory modernisation.
https://t.co/6A4BuFhFTp
ICYMI - Our Secretary General, John Schindler, shared insights on the FSB’s work on #DigitalAssets & #Stablecoins at the @AtlantaFed 30th Financial Markets Conference.
🎥 Watch the panel "Banking in a world with stablecoins" https://t.co/vnqThaR4vm
Coming up next Monday: Our Secretary General, John Schindler, will present the FSB's work on #crypto-assets and #stablecoins at the @AtlantaFed 's 30th Financial Markets Conference.
Watch the livestream here: https://t.co/4zxMra5TOh
Authorities face significant data challenges monitoring private credit markets due to a lack of harmonised definitions and granular data. Our report suggests a list of core metrics to address this.
https://t.co/NlXG5aU1Nh
Watch Tiff Macklem, Chair of the FSB Standing Committee on Assessment of Vulnerabilities (SCAV), discuss the latest #FSB report on #PrivateCredit with @CNBC.
https://t.co/fLYtvTWI3p
🌏 Our Regional Consultative Group for the Commonwealth of Independent States met on 5-6 May in Astana, hosted by the National Bank of #Kazakhstan@nationalbank_kz. Members discussed financial vulnerabilities, resolution regimes and crypto-assets.
https://t.co/x8kEYAze7F
Private credit remains untested at its current size and scope, and a severe economic downturn could expose leverage and borrower credit quality vulnerabilities. Our report has more: https://t.co/NlXG5aU1Nh
Our report describes the private credit ecosystem and identifies vulnerabilities around its connections with banks and lenders’ credit exposures. It suggests further work on improving transparency, analysing interlinkages and strengthening oversight.
https://t.co/NlXG5aU1Nh
Recovery and resolution plans are a key part of effective resolution regimes for financial institutions. Which #insurance firms should be required to have recovery and resolution plans?
Find out here: https://t.co/v8c8q5SZRl
#Resolution#TBTF
🚨 Explore the April edition of our newsletter, Stability Matters: https://t.co/v5ublfYSVA
Each edition features:
📊 Updates on FSB reports, speeches, & events
👩💼 Staff profiles offering insights into the FSB Secretariat's work
📩 Subsrcibe here: https://t.co/Xt98YDaGcx
We just published final guidance for authorities to assess insurers that should be subject to recovery and resolution plans.
🔗 https://t.co/v8c8q5SZRl
#Insurance#Resolution#TBTF
It was a packed week full of insightful discussions with our members, as well as attending the G20 Finance Ministers and Central Bank Governors meeting.
🔗 Read our Chair, Andrew Bailey's, letter to the G20 here: https://t.co/a9cEvRz5kn
#IMFMeetings#SpringMeetings
Fraud and scams have become a cross-sectoral concern, involving banks, nonbank payment providers, public authorities, telco firms, etc. “This is why events like this are important”, said our Secretary General John Schindler at the @IIF-FSB Summit on #PaymentFraud this week.
FSB Chair, Andrew Bailey, warns that stretched asset valuations, concentrated leverage, and liquidity mismatches pose increased risks to global financial stability.
▶️ https://t.co/a9cEvRz5kn