Financial Stability Board

Crypto / Digital Assets

India Has “No Proposal” to Regulate Crypto Beyond Tax, AML

By Ajoy K Das | 09/08/2024

MOF official told Parliament the government will coordinate with global standard-setting bodies before considering any measures domestically.

Crypto / Digital Assets

India to Issue Policy Paper on Crypto ‘Before September’

By Ajoy K Das | 30/07/2024

The paper will include proposals on the scope of cryptocurrency regulations, based on the IMF-FSB roadmap adopted by the G20 last year.

Crypto / Digital Assets

Emerging Markets Particularly Vulnerable to Stablecoin Risks: FSB

By Editors | 24/07/2024

New FSB report says EMDEs are particularly vulnerable to macro-financial risks associated with the use of foreign currency-pegged stablecoins.

Crypto / Digital Assets

NBFI Vulnerabilities Remain Largely Unaddressed, Warns FSB

By Manesh Samtani | 22/07/2024

The global financial system remains susceptible to further shocks, the FSB says, calling for faster implementation of reforms to address NBFI vulnerabilities.

ESG / Sustainability

FSB Publishes Stocktake on Nature-related Financial Risks

By Manesh Samtani | 19/07/2024

Work by authorities indicates that FIs face large exposures to nature-related physical risk via their investments and financing activities.

Crypto / Digital Assets

GDF, GLEIF Announce Digital Asset Industry Partnership

By Editors | 17/07/2024

GDF said the partnership with GLEIF aims to raise awareness of the value of consistent party identification via the LEI.

Fintech / Regtech

FSB to Update 2017 Paper on AI-related Risks

By Manesh Samtani | 17/07/2024

FSB Chair Klaas Knot said this work is not currently aimed at developing policy options or regulatory standards.

Big Picture

FSB Proposes Measures to Address Cross-border Payment Frictions

By Manesh Samtani | 17/07/2024

Two new FSB reports offer policy recommendations to address legal, supervisory and regulatory frictions in cross-border payments.

Market Infrastructure

BCBS Consults on Principles for Managing Third-Party Risk

By Editors | 10/07/2024

The BCBS offers 12 high-level principles on the effective management and supervision of risks arising from third-party arrangements.