Press Releases

723 results

FSB welcomes smooth transition from LIBOR

Following years of preparation, the end of 2021 marked a major milestone in the transition away from LIBOR and the FSB welcomes the smooth transition to robust alternative rates across global markets, primarily overnight risk-free or nearly risk-free rates.

FSB sets out 2022 work programme

FSB outlines ongoing and planned initiatives in 2022, with work priorities focussing on global and systemic financial challenges, including digitalisation, climate change and potentially also shifts in the macroeconomic and interest rate environment.

FSB report finds that COVID-19 has accelerated the trend towards digitalisation of retail financial services

Report considers the financial stability implications from the accelerated trend towards digitalisation during the pandemic and highlights the importance of cooperation between financial, competition and data protection authorities.

FSB, CPMI and IOSCO analysis highlights need to continue work on CCP financial resources

Analysis of existing financial resources and tools for central counterparty (CCP) recovery and resolution confirms the need for further work on CCP financial resources for recovery and resolution.

FSB seeks views on policy approaches and market practices to support a smooth transition out of debt overhang issues

FSB invites comments on approaches to and challenges of addressing non-financial corporate debt overhang issues in a post-COVID environment.

FSB Chair outlines work priorities for 2022 to G20 Finance Ministers and Central Bank Governors

The FSB’s workplan for 2022 will promote global financial resilience during the transition to a post-pandemic world.

FSB warns of emerging risks from crypto-assets to global financial stability

Report notes that crypto-asset markets could reach a point where they represent a threat to global financial stability, and calls for timely and pre-emptive evaluation of possible policy responses.

Martin J. Gruenberg appointed as Chair of the FSB’s Resolution Steering Group

The FSB has appointed new chair for its Resolution Steering Group (ReSG).

FSB publishes papers on funding and interconnectedness practices to aid resolution planning for insurers

FSB publishes papers and accompanying request for feedback on practices regarding funding in resolution and internal financial and operational interconnectedness in insurers.

FSB reports on global trends and risks in non-bank financial intermediation

The 2021 report describes developments in non-bank financial intermediation during the first year of the COVID-19 pandemic.