Financial Stability Board

Market Infrastructure

FSB Proposes to Standardise Global Cyber Incident Reporting

By Editors | 18/10/2022

The FSB also proposes to develop a common format for cyber incident reporting, to promote global convergence and better communication among authorities.

Crypto / Digital Assets

Tether Eliminates Commercial Paper from Stablecoin Reserves

By Manesh Samtani | 15/10/2022

“Reducing commercial papers to zero demonstrates Tether’s commitment to backing its tokens with the most secure reserves in the market,” the company said.

ESG / Sustainability

FSB Finalises Guidance on Climate-related Financial Risks

By Editors | 13/10/2022

The guidance covers the collection of data from FIs, supervisory tools such as scenario analysis, and the development of macroprudential tools.

ESG / Sustainability

Firms Falling Short of Full Climate Disclosure

By ESG Investor | 13/10/2022

TCFD marks five years of progress, but warns too few are delivering decision-useful climate-related financial information.

Market Infrastructure

FSB Updates G20 on Work to Strengthen Financial System Resilience

By Editors | 12/10/2022

FSB chair Klaas Knot says the outlook for global financial stability remains challenging, citing tighter financial conditions and higher inflation.

Market Infrastructure

EMIR Refit Technical Standards Published in Official Journal

By Editors | 12/10/2022

Under the standards, reporting of the CDE, LEIs, ISINs, UTIs and UPIs to trade repositories are mandated, in XML format using ISO 20022.

Market Infrastructure

FSB Unveils Proposed Global Regulatory Framework for Crypto

By Editors | 12/10/2022

The framework covers all crypto-asset activity, as well as associated issuers and service providers, that have the potential to pose financial stability risks.

Market Infrastructure

FSB Unveils Plans for Next Phase of Cross-Border Payments Work

By Editors | 11/10/2022

The prioritisation plan emphasises a need to strengthen external engagement and partnerships to take forward the roadmap for enhancing cross-border payments.

Capital / Liquidity

BCBS Calls for Greater Use of CCyB by National Authorities

By Editors | 06/10/2022

Authorities should adopt a positive CCyB rate in normal times. A report evaluating the impact and effectiveness of implemented Basel reforms has also been released.