The Chair outlines FSB work to address vulnerabilities within the financial system and address the financial stability implications of digitalisation and climate change; and calls for continued support as work to enhance cross-border payments shifts to focus on practical projects.
Crypto Assets
5 September 2023
25 July 2023
Keynote speech by FSB Secretary General, John Schindler, at the International Finance and Banking Society 2023 Conference at the Saïd Business School, University of Oxford, Oxford.
FSB recommendations on regulation, supervision and oversight of crypto-asset activities and markets.
FSB publishes recommendations, constituting a regulatory and supervisory framework for crypto-assets and stablecoins.
Framework consists of two distinct recommendations for the regulation, supervision and oversight of crypto-asset markets and activities and “global stablecoin arrangements”.
Final recommendations seek to promote the comprehensiveness and greater international consistency of regulatory and supervisory approaches to crypto-asset activities and markets, including crypto-asset issuers and service providers.
High-level Recommendations seek to promote consistent and effective regulation, supervision and oversight of global stablecoins across jurisdictions to address the potential financial stability risks they pose.
17 July 2023
Summary of responses to the October 2022 public consultation on the FSB’s proposed framework for the international regulation of crypto-asset activities.
FSB Chair Klaas Knot’s letter to G20 Finance Ministers and Central Bank Governors ahead of their July meeting in Gandhinagar, India.
12 July 2023
FSB Chair’s letter outlines work to learn lessons from recent events in the banking sector and presents the FSB’s reports on crypto-assets, open-ended funds, third-party risk management and climate-related financial risks.