Topic: Financial Stability Board

FSB finalises “more proportionate” cyber response toolkit

The Financial Stability Board has published a finalised cyber response toolkit, after critics said its earlier draft guide could prove to be a financial burden for smaller banks.

26 October 2020

G7 and FSB resist stablecoin pleas

The G7 economies have said that no global stablecoin should begin operations “until it is properly regulated”, after several financial technology companies and think-tanks urged the Financial Stability Board to alter its view of their risks.

14 October 2020

Hire suptech talent, FSB urges regulators

Regulators should focus on attracting talent that can develop tailored suptech tools, according to a new report from the Financial Stability Board.

12 October 2020

FSB guidance on CCP resolution risks uneven playing field, banks say

Financial institutions and industry groups have told the Financial Stability Board they need more detailed guidance on resolution for central counterparties (CCPs), warning that a lack of specific guidance could lead to “significant differences in CCP resolution regimes across jurisdictions”.

24 August 2020

FSB tells clearing houses to prepare for new loss scenarios

The Financial Stability Board has told clearing houses they should prepare for a range of new loss scenarios, after an alliance of banks called for regulatory action to improve their safety.

05 May 2020

FSB global stablecoin suggestions “could stifle private sector”

The Financial Stability Board (FSB) has called on regulators to treat global stablecoins under a “same business, same risks, same rules” approach.

15 April 2020

The rainy day is here: regulators delay reforms and dial down capital buffers amid Covid-19

Regulators around the world are delaying long-planned reforms, cancelling stress tests and reducing or eliminating capital buffer requirements as financial institutions grapple with the economic impact of the Covid-19 outbreak.

20 March 2020

South Africa banking reforms need refinement, FSB says

South Africa’s reforms of bank resolution and deposit insurance show the country is making headway, but it must add further details to ensure successful implementation, the Financial Stability Board has said.

20 March 2020

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