Financial Stability Board (FSB)

📣 We are pleased to announce that Ryozo Himino, Deputy Governor of the Bank of Japan, has been reappointed Chair of the FSB Standing Committee on Standards Implementation (SCSI) for a further two-year term, starting on 24 March 2025. SCSI is responsible for coordinating and monitoring the implementation of agreed FSB policy initiatives and international financial standards. 👉 Find out more about SCSI and our work to encourage global adherence to international financial standards: https://bit.ly/4hjeRQV We look forward to continuing work with Ryozo on this important topic. #FSB #BankofJapan #FinancialStability #StanardsImplementation

🌐 How can we make sure consumers have clear information about fees, speed and terms of service when they send money across borders? This and other important initiatives to enhance consumers’ experience with cross-border payments were key topics discussed by our Taskforce on Legal, Regulatory, and Supervisory matters (LRS Taskforce) during its first meeting in its renewed composition. The agenda, summary, and action points of the meeting are available on our website. 👉 Find out more: https://lnkd.in/eXVdjQD4 💡 The FSB’s Taskforce on Legal, Regulatory, and Supervisory matters (LRS Taskforce) was established in 2023 as a platform to facilitate greater collaboration between the public and private sectors to support the implementation of the G20 cross-border payments roadmap. Learn more: https://lnkd.in/gGVjcvcu #CrossBorderPayments #Transparency #LRSTaskforce #Payments

Costas Stephanou, our Head of Financial Stability Analysis, will be participating in AIMA's Global Policy and Regulatory Forum in New York City. Further details below.

We are taking stock of progress in implementing our global regulatory framework for crypto-asset activities and we would like to hear form you. The framework comprises high level recommendations for the regulation, supervision and oversight of crypto-assets and stablecoins. Our review will focus on: ■    Regulatory frameworks and implementation status ■    Data reporting ■    Cross-border cooperation ■    Stablecoin regulations We are seeking feedback on the topics and areas we should review. Share your views by 📅 28 March. 🔗 https://lnkd.in/ewihRmTz #Crypto #Cryptoassets #Stablecoins #Cryptoregulation #FSB

Great discussions at #GFTNForumJapan this week. 🇯🇵 At times like these, when the pace of technological disruption is so fast, the job of a regulator can feel daunting. “Authorities need to prepare for and understand the risks of a financial system that moves faster than we’re used to”, said our Deputy Secretary General Martin Moloney in his keynote speech . ”Yet, the fundamental principles of finance—risk management, reliable information, and trustworthy counterparts— must remain our bedrock.” Read Martin’s full speech: https://bit.ly/4hbNOGS Martin was joined in Tokyo by our colleagues Peter Goodrich and Yuta Takanashi, who took part in panel discussions about Artificial Intelligence and crypto-asset supervision. The FSB is looking at some important features of financial innovation, such as artificial intelligence, crypto-assets and stablecoins. Take a look at our work in these areas: https://bit.ly/3QKud5X #FinancialInnovation #FinancialRegulation #FSB #AI #Cryptoassets

📢 We are pleased to announce that Tiff Macklem, Governor of the Bank of Canada, has been appointed Chair of the FSB Standing Committee on the Assessment of Vulnerabilities (SCAV) for a two-year term, starting on 4 March 2025. SCAV is responsible for: ✅ monitoring and assessing vulnerabilities affecting the global financial system and proposing to the Plenary actions needed to address them; ✅ monitoring and advising on market and systemic developments, and their implications for regulatory policy; and ✅ providing input for the Early Warning Exercise conducted in collaboration with the IMF. We look forward to working with Tiff in this new capacity. Find out more about SCAV’s work here: https://bit.ly/4i1GK0Y #FSB #TiffMacklem #BankofCanada #FinancialStability

📢 We are pleased to welcome Dominique Laboureix, Chair of the Single Resolution Board, as the new Chair of the FSB Resolution Steering Group (ReSG), for a two-year term, starting on 4 March 2025. The Resolution Steering Group is the primary global forum for the development of global standards and guidance for resolution regimes, and for recovery and resolution planning for systemically important financial institutions. Dominique was one of the founding members of the Single Resolution Board and has been an active member of ReSG since January 2023. We look forward to working with Dominique in his new role. Read our Annual Resolution Report to find out more about our work: https://lnkd.in/ef_4eTrm #FSB #FinancialStability #Resolution #SIFIs #DominiqueLaboureix #SingleRegolutionBoard #SRB

The FSB has developed a comprehensive workplan for 2025 that incorporates the priorities of the South African G20 Presidency. Read FSB Chair Klaas Knot's letter to #G20 Finance Ministers and Central Bank Governors here: 📃 https://lnkd.in/e4-veHkn #FinancialStability #NonBanks #cryptoassets #ClimateChange #CrossBorderPayments

📣 Call for papers – We are organising a session on assessing the impact of extreme weather events on the financial system at the upcoming 2025 Annual Meeting of the Central Bank Research Association (CEBRA) and are looking for contributions. Please share your research papers analysing and providing insights on the direct and indirect impacts of extreme weather events on the financial system. We welcome in particular papers that explore the cross-border and cross-sectoral transmission of such events and their risk implications for financial institutions. Submit your work by 20 March 2025 and join us at #CEBRA25. 🔗 https://bit.ly/41n0iWk The meeting is co-organised with the Federal Reserve Bank of Boston, Harvard Business School, and the Harvard Business School Pricing Lab, and will take place at the Federal Reserve Bank of Boston and Harvard Business School from 6 to 8 August 2025. #CallForPapers #ExtremeWeather #FSB #FinancialStability #CEBRA

👋 Are you a recent graduate looking to get first-hand experience in international financial policymaking? Apply to our graduate internship programme by 24 March, for the chance to join us in Basel, Switzerland, for an 11-month paid internship. You will work closely with financial policy experts from all over the world on a variety of exciting topics. Want to know more? Watch our current graduate Max talking about his experience so far. More information on what we offer and how to apply here: https://bit.ly/3XnO7Ym #GraduateProgramme #GraduateOpportunities #Graduates #InternshipsInFinance #FSB #FinancialStabilityBoard