A new regulatory report shows non-bank groups accruing more assets than their traditional banking counterparts. The value of assets by these groups — which include private credit providers, hedge funds and insurance companies — grew at more than twice the rate of assets in the...
The Financial Stability Board plans to sharpen its focus on stablecoins and nonbank financial intermediation (NBFI), two areas that it said could represent vulnerabilities in the global financial system. The FSB announced these initiatives in a press release about a meeting it held Tuesday and...
Outgoing Financial Stability Board Chair Klaas Knot said cryptocurrency-related risks could soon pose a major threat. “At the FSB, we have long maintained that crypto does not yet pose a systemic risk, but recent developments suggest we may be approaching a tipping point,” Knot said...
Two of the 29 global systemically important banks (G-SIBs) moved to different “buckets” in 2024, meaning they will have a higher or lower capital requirement than they did before, the Financial Stability Board (FSB) said Tuesday (Nov. 26). Groupe Crédit Agricole moved from bucket 1 to...
February 11, 2019
A new report finds that it’s tough to regulate what one cannot define — and that’s true in FinTech credit, a nascent industry where the definitions of who does what can be a bit nebulous. Separately, the CFPB is taking aim at regulations governing payday lending.
March 12, 2026
The head of the Financial Stability Board (FSB) is warning against friction in cross-border payments. Andrew Bailey, who leads the risk watchdog, said in a speech Thursday (March 12) that governments need to move forward with reforms to their international and domestic payment systems or risk inefficiencies that could fragment the world financial landscape. “We […]
December 16, 2025
A new regulatory report shows non-bank groups accruing more assets than their traditional banking counterparts. The value of assets by these groups — which include private credit providers, hedge funds...
November 19, 2025
The Financial Stability Board plans to sharpen its focus on stablecoins and nonbank financial intermediation (NBFI), two areas that it said could represent vulnerabilities in the global financial system. The...
June 12, 2025
Outgoing Financial Stability Board Chair Klaas Knot said cryptocurrency-related risks could soon pose a major threat. “At the FSB, we have long maintained that crypto does not yet pose a...