Financial Stability Board news and trends

FSB Tackles Stablecoin Risks in Emerging Markets
Regulation // 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 and developing economies (EMDEs), crypto-assets pose particular challenges for monetary policy and capital flow management,”...

Policymakers Chase Central Framework for Decentralized Finance Oversight
Blockchain / Distributed Ledger // February 28, 2024

You don’t know what you don’t know. And what you don’t know you can’t leverage or interact with, much less hope to regulate. That is the realization that governmental bodies and organizations around the world are coming to, at least as it relates to the...

FSB: Money Market Vulnerabilities Could Cause ‘Larger Contagion’
Regulation // February 27, 2024

The Financial Stability Board said regulations governing money market funds must be stronger. The group’s Thematic Review on Money Market Fund (MMF) Reforms, published Tuesday (Feb. 27), found that the largest vulnerability facing these funds is the difficulty of cashing out investments to meet investment...

FSB to Recommend Measures to Control Bank Runs Spurred by Social Media
Bank Regulation // 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 changes to liquidity rules. This investigation comes in the wake of the failure of Silicon...

Quick Reads
ECB Official Says Unregulated Banking Could Threaten Financial Stability

July 10, 2024
A European Central Bank board member is warning of threats tied to shadow banking. In an interview with the Financial Times published Wednesday (July 10), Elizabeth McCaul said the growth of hedge funds, private credit providers and other sources of financing outside the regulated banking system is the largest threat to Europe’s financial landscape. “There are certainly caution lights in front […]

FSB Tackles Stablecoin Risks in Emerging Markets

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...

FSB: Money Market Vulnerabilities Could Cause ‘Larger Contagion’

February 27, 2024
The Financial Stability Board said regulations governing money market funds must be stronger. The group’s Thematic Review on Money Market Fund (MMF) Reforms, published Tuesday (Feb. 27), found that the...

FSB to Recommend Measures to Control Bank Runs Spurred by Social Media

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...