The Financial Stability Board said Wednesday (Oct. 16) that jurisdictions should fully and consistently implement the FSB Global Framework for Crypto-asset Activities to eliminate the...
Five years ago, the G20 nations set out an ambitious goal: to make international payments faster, cheaper, more transparent and more accessible by 2027. Get...
England’s central bank chief reportedly wants increased oversight into stablecoin and private finance risks. Get the Full Story Complete the form to unlock this article...
Financial authorities should monitor the effects of the use of artificial intelligence, the Financial Stability Board and the Bank for International Settlements said in separate...
The Financial Stability Board said in a press release Thursday (Oct. 9) that a 2027 cross-border payment benchmark deadline is unlikely to be met. Get...
For banks doing business in the private credit market, and in working with nonbank firms, the leverage used by those intermediaries poses risks to stability...
The Financial Stability Board, a global financial watchdog, is calling for greater oversight of the multitrillion-dollar shadow banking sector. Get the Full Story Complete the...
Outgoing Financial Stability Board Chair Klaas Knot said cryptocurrency-related risks could soon pose a major threat. Get the Full Story Complete the form to unlock...
Nonbanks have risen in stature and as key players in the global financial system, especially in the wake of the Great Recession earlier in the...