In line with the FSB’s mission to promote international financial stability, our priorities for 2025 reflect challenges that are global in nature and affect the financial system as a whole, such as digitalisation and climate change. Work will continue in key areas such as non-bank financial intermediation and cross-border payments. The FSB will keep monitoring emerging financial vulnerabilities and continue its work to implement agreed reforms and evaluate their effects with a view to maintain the resilience of the global financial system.
Priority areas of work for 2025 include:
- Supporting global cooperation on financial stability
- Enhancing the resilience of non-bank financial intermediation (NBFI), while preserving its benefits
- Harnessing the benefits of digital innovation while containing its risks
- Implementing the systemically important financial institution (SIFI) framework
- Addressing financial risks from climate change
- Enhancing cross-border payments
- Completing resolution reforms
- Monitoring and evaluating implementation of agreed reforms
Ahead of the G20 Leaders Summit in November 2025, the FSB will publish its comprehensive Annual Report on its work to promote global financial stability.
Indicative timeline of key FSB publications planned for 2025
| Date | Work Programme Item | |
|---|---|---|
| 2025 | ||
| Jan | Evaluation of the effects of the G20 financial regulatory reforms on securitisation | |
| The relevance of transition plans for financial stability | ||
| Assessment of climate-related vulnerabilities – analytical framework and toolkit | ||
| Apr | Final Format for Incident Reporting Exchange (FIRE) |  |
| Jun | Biennial External Audit Roundtable | |
| Jul | NBFI leverage policy recommendations – final report | |
| Workplan to address issues related to non-bank data availability, use and quality | |
|
| Annual NBFI progress report | ||
| Climate roadmap progress report | |
|
| Oct | Vulnerabilities associated with the use of artificial intelligence in finance | |
| Thematic peer review of crypto-assets recommendation implementation | |
|
| Implementation monitoring review progress report | |
|
| Cross-border payments roadmap progress and KPI monitoring report (combined) | |
|
| Nov | 2025 G-SIB list | |
| Spain country peer review | ||
| Netherlands country peer review | ||
| Payments summit | ||
| Guidance on approaches to determining the application of Key Attributes to insurers | ||
| Dec | FSB Annual Report | |
| Global Monitoring Report (GMR) on NBFI | ||
| Sanctions data formatting standard to enhance cross-border payments | ||
| 2026 | ||
| Jan | Annual resolution report | |
| List of insurers subject to Key Attributes resolution planning standards |
= G20 deliverable