Financial Stability Board

Global watchdog FSB unveils action plan on private-credit risks

The US Securities and Exchange Commission has ordered central clearing for most repo and cash transactions in US Treasuries by the middle of 2027.

Global watchdog flags risks in US$16 trillion government-backed repo market

Shadow banking includes money market and hedge funds, private credit firms, pension funds and insurers, among others.

‘Shadow banking’ growing at double the rate of traditional lenders, FSB says

Banks have been broadly optimistic that AI will make them more productive, but regulators around the world have expressed concerns about its potential impact on financial stability.

Global financial watchdogs to ramp up monitoring of AI

As markets tank again in response to Trump’s tariffs, there is a real risk of a crisis of faith in the US as a reliable world power – and crucially in its Treasury bonds, which underpin shadow banking.

Shadow banks are too big to stay in the shadows

Bank of America dropped down to category two from three previously on the list of Global Systemically Important Banks.

Bank of America down a notch on ‘too big to fail’ list

FSB chair Klaas Knot said progress on the initiatives was “hampered” by data challenges.

Global efforts to curb financial risks outside banks are losing momentum, FSB warns

The FSB says funds should conduct liquidity stress tests for a range of “extreme but plausible” scenarios caused by changes in margin calls.

Global regulators want to better prepare funds for margin calls

The Swiss government and regulator have opted not to put Credit Suisse into a wind-down procedure as it faced a collapse in confidence last year, instead brokering the takeover by UBS.

Bank resolution framework would work for UBS, FSB says

The Swiss authorities choose to engineer a takeover of Credit Suisse by UBS, rather than use a set of global rules from the FSB to wind it down.

Global watchdog to report in October on how social media fuels bank runs