Climate-related Risks

FSB Chair outlines work priorities for 2023

FSB Chair’s letter looks at the outlook for financial stability and outlines the FSB’s key work priorities for 2023, including non-bank financial intermediation, crypto-assets, cross-border payments, cyber and operational resilience, and work to address climate-related financial risks.

Daring to know in times of uncertainty and structural shifts

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Keynote speech by FSB Chair Klaas Knot at the 11th Institute for Law and Finance Conference on "The Future of the Financial Sector: The Next Systemic Financial Crisis – Where Might it Come From?: Financial Stability in a Polycrisis World", Goethe University, Frankfurt.

FSB Plenary meets in Basel

FSB members discussed the outlook for global financial stability, reviewed issues of particular relevance to emerging market and developing economies (EMDEs) and agreed the FSB’s work programme for 2023.

FSB Sub-Saharan Africa group discusses global and regional vulnerabilities, climate-related risks and cross-border payments

FSB holds meeting of the Regional Consultative Group for Sub-Saharan Africa in Diani, Ukunda Kenya.

Promoting Global Financial Stability: 2022 FSB Annual Report

Report presents the FSB’s high-level assessment of current vulnerabilities in the global financial system; describes its ongoing financial stability work; and reports on the implementation and effects of G20 reforms.

FSB publishes annual report on its work to promote global financial stability

2022 annual report to the G20 describes the financial stability outlook, the FSB’s priority areas of work and the implementation and effects of the financial regulatory reforms.

Climate Scenario Analysis by Jurisdictions: Initial findings and lessons

This FSB-NGFS joint report draws lessons for effective scenario analysis and sketches out the global perspective stemming from the various national/regional exercises conducted to date.

Current climate scenario analysis exercises may understate climate exposures and vulnerabilities, warn FSB and NGFS

Initial findings from climate scenario analyses undertaken by financial authorities to assess climate-related risks suggest that measures of exposure and vulnerability to tail risks are likely understated.

FSB Chair’s letter to G20 Leaders: November 2022

FSB Chair Klaas Knot’s letter to the G20 Leaders ahead of their November Summit in Bali.

FSB Chair writes to G20 Leaders ahead of the Bali Summit

Letter warns that tighter financial conditions threaten to expose vulnerabilities within the financial system and underscore the need for international cooperation.

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