Press

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Klaas Knot takes office as FSB Chair

Klaas Knot, President of De Nederlandsche Bank, begins his term as FSB Chair today.

FSB Sub-Saharan Africa group reviews regional vulnerabilities and policy challenges related to COVID-19

FSB holds virtual meeting of the Regional Consultative Group for Sub-Saharan Africa.

FSB publishes report on good practices for Crisis Management Groups

Report provides a reference for home and host authorities in CMGs to help them enhance their crisis management preparedness.

FSB Asia group discusses financial stability outlook and risks from outsourcing and third-party relationships

FSB holds virtual meeting of the Regional Consultative Group for Asia.

FSB Commonwealth of Independent States (CIS) group discusses risks relating to high debt levels and crypto assets

FSB holds virtual meeting of the Regional Consultative Group for the Commonwealth of Independent States.

FSB publishes 2021 G-SIB list

List of global systemically important banks remains at 30.

FSB urges swift action to ensure preparedness for LIBOR cessation

With only a few weeks remaining to the end of 2021, it is now critical that market participants act urgently to complete any remaining steps set out in the FSB’s Global Transition Roadmap.

FSB Plenary meets in Basel

FSB members discussed vulnerabilities in the global financial system, reviewed issues affecting emerging market and developing economies and agreed the FSB’s work programme for 2022.

FSB highlights implementation progress and gaps on effective compensation practices in financial institutions

The FSB’s report finds increased use of non-financial measures to promote a sound risk culture and slower progress toward implementing its Principles and their Implementation Standards for sound compensation practices among insurance and asset management firms.

Taking a system-wide perspective: the key to financial resilience

Article by FSB Chair Randal K. Quarles in the magazine Italy: The Rome Summit published by the G20 Research Centre at the University of Toronto.