FSB

The Financial Stability Board (FSB) is an international body that monitors and makes recommendations about the global financial system.

Source: fsb.org

G-7 Calls for ‘Consistent and Comprehensive’ Crypto Regulation
G-7 Calls for ‘Consistent and Comprehensive’ Crypto Regulation
May 19, 2022  |  Regulation

Financial leaders from the Group of Seven (G-7) have called for the Financial Stability Board to develop “consistent and comprehensive” cryptocurrency regulation, Reuters reported Thursday...

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FSB Calls for Global Regulations of Borderless Crypto Sales
FSB Calls for Global Regulations of Borderless Crypto Sales
February 28, 2022  |  Cryptocurrency

More than a dozen years after bitcoin was introduced, securities regulators are discussing global standards for cryptocurrency, The Financial Times reported. Given the explosive growth...

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Global Regulator Mulls Cryptocurrency Framework
Global Regulator Mulls Cryptocurrency Framework
February 10, 2022  |  Cryptocurrency

An international organization that monitors the global financial system is examining how to regulate cryptocurrency. The Switzerland-based Financial Stability Board (FSB) could devise the first...

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Hong Kong Weighs Crypto, Stablecoin Regulations
Hong Kong Weighs Crypto, Stablecoin Regulations
January 12, 2022  |  Cryptocurrency

The Hong Kong Monetary Authority (HKMA) is weighing regulations for cryptocurrencies and stablecoins, with plans to launch a framework by July. The latest move would...

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FSB: Outsourcing Banking Technology Could Pose ‘Systemic Risk’
FSB: Outsourcing Banking Technology Could Pose ‘Systemic Risk’
November 09, 2020  |  Banking

An international watchdog group is cautioning banks about the risks involved with outsourcing key technology. The Financial Stability Board (FSB) warned, in particular, “about the...

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Bank-FinTech Tie-Ups Continue Despite SMB Skepticism
Bank-FinTech Tie-Ups Continue Despite SMB Skepticism
January 21, 2020  |  B2B Payments

While Open Banking initiatives and data integrations between banks and FinTech firms have begun to target corporate and small business (SMB) end users, new research...

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U.K. FSB Finds Most SMBs Keeping Bank Data From FinTechs
U.K. FSB Finds Most SMBs Keeping Bank Data From FinTechs
January 13, 2020  |  B2B Payments

The U.K. Federation of Small Businesses (FSB) has released the results of a survey of small to medium-sized businesses’ (SMBs) embrace of open banking two...

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Regulators Call For ‘Vigilant Monitoring’ Of Big Tech’s Financial Data Use
Regulators Call For ‘Vigilant Monitoring’ Of Big Tech’s Financial Data Use
December 09, 2019  |  Regulation

As a way to prevent unfair competition, the Financial Stability Board (FSB) said in a report on Sunday (Dec. 8) that there should be “vigilant...

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Bitcoin Daily: Tencent Plans To Launch Digital Blockchain Bank; HMRC Does Not Consider Crypto As Currency
Bitcoin Daily: Tencent Plans To Launch Digital Blockchain Bank; HMRC Does Not Consider Crypto As...
November 11, 2019  |  Bitcoin

Tencent has announced that it will launch a blockchain-based virtual bank. The company’s blockchain chief Yige Cai revealed last week that the Hong Kong Securities...

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