The Financial Stability Board (FSB) is continuing its work to address systemic risk in the financial system. This includes ongoing efforts to strengthen the supervision and regulation of financial institutions, markets, and infrastructure.
Key Areas of Focus
- Enhanced Supervision: Implementing more robust supervisory frameworks for financial institutions, particularly those deemed systemically important.
- Regulation of Markets: Strengthening the regulation of financial markets to reduce the potential for destabilizing activities.
- Infrastructure Improvements: Enhancing financial market infrastructure to improve resilience and reduce systemic risk.
International Cooperation
The FSB emphasizes the importance of international cooperation in addressing systemic risk. It works closely with national authorities and international organizations to promote consistent and coordinated action.
Ongoing Assessment
The FSB regularly assesses the effectiveness of its measures and adapts its approach as needed to address emerging risks and vulnerabilities in the global financial system.