FSB

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

Source: fsb.org

FSB: Outsourcing Banking Technology Could Pose ‘Systemic Risk’

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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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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Global Regulators Circle Libra’s Crypto Wagon
Global Regulators Circle Libra’s Crypto Wagon
June 26, 2019  |  Facebook

Two more financial regulators have warned that they won’t allow Facebook’s planned cryptocurrency, Libra, to launch without looking at it closely. The international Financial Stability...

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G20 Finance Board: Libra Will Need To Be Watched Closely 
G20 Finance Board: Libra Will Need To Be Watched Closely 
June 25, 2019  |  Regulation

Randal Quarles, chair of the Financial Stability Board (FSB), said there won’t be a specific item on the agenda about Facebook’s Libra at the G20...

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FSB Says Higher Bank Capital Requirements Will Remain
FSB Says Higher Bank Capital Requirements Will Remain
June 07, 2019  |  Regulation

Europe’s Financial Stability Board (FSB) said on Friday (June 7) that higher bank capital requirements, which were put on the books during the financial crisis,...

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