This letter was submitted to G20 Finance Ministers and Central Bank Governors (FMCBG) ahead of the G20’s meeting on 26-27 February.
Under the G20’s leadership, and working through its members, the FSB has developed extensive reforms in recent years to enhance resilience by addressing key financial system vulnerabilities.
With key reforms developed or nearing completion, the letter sets out the prominent role that the promotion and monitoring of implementation will play in the FSB’s work this year. The letter also sets out the other work underway at the FSB in 2025 and its relevance to global financial stability.
FSB reports to the G20 in 2025
| Date | Report |
|---|---|
| April | Final Format for Incident Reporting Exchange (FIRE) |
| July | NBFI leverage policy recommendations – final report |
| Workplan to address issues related to non-bank data availability, use and quality | |
| Climate roadmap progress report | |
| October | 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) |
