Announcements

FSB makes proposals to achieve greater convergence in cyber incident reporting

FSB seeks feedback on its recommendations to address impediments to achieving convergence, further work on establishing common terminologies related to cyber incidents and a proposal to develop a common format for incident reporting exchange.

FSB publishes recommendations for supervisory and regulatory approaches to climate-related risks and calls for continued progress on disclosures

FSB encourages authorities to explore the potential for a macroprudential policy response in parallel with microprudential measures to address climate-related risks and stresses the need for the timely issuance of a final global baseline climate reporting standard, ready for adoption across jurisdictions.

FSB Chair sets out ongoing work to strengthen financial resilience amidst growing financial stability challenges

FSB Chairs letter warns of risks to the outlook for financial stability, and presents the FSB’s reports on crypto-assets, cross-border payments, cyber incident reporting and climate disclosures and regulatory and supervisory approaches to addressing climate-related financial risks.

FSB proposes framework for the international regulation of crypto-asset activities

FSB announces a comprehensive set of proposals for the regulation and supervision of crypto-asset activities and invites feedback on the recommendations.

FSB outlines next steps for enhancing cross-border payments

FSB issues progress report and outlines priorities for next phase of work under its Roadmap for Enhancing Cross-border Payments.

FSB seeks feedback on first experiences with the Framework for information from FMI intermediaries

The survey aims to gather stakeholders’ feedback, from the perspective of FMI service providers, as well as firms subject to a resolution planning requirement and bank resolution authorities (as users of FMI service providers’ responses). Based on the feedback, the FSB will consider whether the Framework needs any revisions.

FSB outlines progress made on addressing financial risks from climate change

First annual progress report takes stock of progress made by standard-setting bodies and other international organisations on the actions coordinated through the FSB Roadmap, outlines areas for further attention, and provides updates where needed to the detailed Roadmap actions.

FSB Chair flags to G20 growing challenges to financial stability

FSB Chair’s letter presents the FSB’s report on exit strategies to support equitable recovery and address effects from COVID-19 scarring in the financial sector; discusses the FSB’s role coordinating the international regulation of crypto-assets; and reviews progress under the FSB roadmap for addressing climate-related financial risks.

FSB issues statement on the international regulation and supervision of crypto-asset activities

Statement reaffirms FSB’s commitment to promote international consistency of regulatory and supervisory approaches and facilitate cross-border and cross-sector cooperation amongst national authorities and international standard-setters as they work towards developing risk-based and technology-neutral policy for the wide spectrum of crypto-assets, grounded in the principle of “same, activity, same risk, same regulation”.

FSB explores options to promote broader adoption of the Legal Entity Identifier (LEI) in cross-border payments

Report outlines the benefits that could accrue from the use of the Legal Entity Identifier in cross-border payment transactions and sets out recommendations and options to promote the use of the LEI.

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