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FSB calls for stricter oversight against AI vulnerabilities

[Nov 15 7:35 AM] FSB explores AI’s potential to revolutionize finance while spotlighting risks like fraud, data governance, and systemic vulnerabilities.

Financial Stability Board Emphasizes Need for Global Crypto Regulation to Prevent Arbitrage

[Jun 17 7:20 PM] The Financial Stability Board (FSB) Plenary met in Toronto on June 14 to discuss various financial stability issues. Key topics included the financial stability outlook, lessons from the March 2023 banking turmoil, and enhancing the resilience of…

Financial Stability Board to Extend Its Work on Stablecoin Risks in Emerging and Developing Economies

[Jun 17 2:55 AM] The Financial Stability Board (FSB) said it will undertake further work to consider the challenges associated with risks of global stablecoin arrangements in emerging and developing economies.

EU Banking Watchdog to Deepen Probe of Links Between Banks, Crypto Entities: FT

[Jan 3 2:57 AM] The European Banking Authority (EBA) will take additional steps to anticipate how strains in non-bank financial institutions (NBFIs), including cryptocurrency-related entities, will affect banks.

Failure of Multi-Function Crypto Firms a Limited Threat to 'Real Economy': FSB

[Nov 28, 2023 4:55 AM] A new report by the Financial Stability Board said further assessments of possible implications are required because "significant information gaps remain."

G20 Nations Welcome FSB's Tougher Crypto Rules, Says Presidency Holders India

[Jul 18, 2023 7:05 AM] The Group of Twenty (G20) has welcomed the high-level recommendations of the Financial Stability Board (FSB) on crypto asset activities and global stablecoin arrangements.

G20’s FSB Pushes for Global Crypto Regulations and Standards Aiming to Curb Crypto ‘Spillover’ Risks

[Jul 17, 2023 3:30 PM] On Monday, the Financial Stability Board (FSB), a product of the G20 organization, unveiled its proposed guidelines for a global regulatory structure overseeing the operations of crypto assets. The international entity emphasizes that nations…

Stablecoin Issuers, Conglomerates Targeted by IMF After Crypto's 'Rough Year'

[Apr 11, 2023 8:30 AM] FTX and collapses like Signature, Silvergate and Silicon Valley Bank show need for stronger consumer protection, governance norms, the International Monetary Fund said in its Global Financial Stability Report