The Financial Stability Board (FSB) is taking a closer look at stablecoin use in emerging markets. The watchdog group made that announcement following a meeting of the board’s plenary in Toronto. “In emerging market and developing economies (EMDEs), crypto-assets pose particular challenges for monetary policy and capital flow management,”...
The Financial Stability Board (FSB) is set to deliver a report to the G20 in October, shedding light on the influence of social media in accelerating bank deposit outflows and the potential need for changes to liquidity rules. This investigation comes in the wake of the failure of Silicon...
Two global financial regulators published policies designed to strengthen liquidity management by managers of open-ended funds (OEFs). The Financial Stability Board (FSB) has published revised recommendations for financial regulatory and supervisory authorities, while the International Organization of Securities Commissions (IOSCO) has released guidance on the...
The heads of the G20 nations are calling for rapid adoption of global cryptocurrency rules. A report Sunday (Sept. 10) by Cointelegraph said this framework will allow for the exchange of information between countries starting in 2027. “We call for the swift implementation of the...
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.
November 26, 2024
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 bucket 2, corresponding to a higher capital requirement, while Bank of […]
June 17, 2024
The Financial Stability Board (FSB) is taking a closer look at stablecoin use in emerging markets. The watchdog group made that announcement following a meeting of the board’s plenary in Toronto. “In emerging market...
January 22, 2024
The Financial Stability Board (FSB) is set to deliver a report to the G20 in October, shedding light on the influence of social media in accelerating bank deposit outflows and the potential need for...
December 20, 2023
Two global financial regulators published policies designed to strengthen liquidity management by managers of open-ended funds (OEFs). The Financial Stability Board (FSB) has published revised recommendations for financial regulatory and...
