.jpg)
The Financial Stability Board’s work programme for 2023 reflects its global and cross-sectoral approach to financial stability policy.
This work programme details the FSB’s planned work and provides an indicative timeline of main publications for 2023. The FSB’s work priorities aim to address financial challenges that are global in nature and affect the financial system as a whole, including digitalisation, climate change, and the consequences of shifts in the macroeconomic and interest rate environment.
Priority areas of work and new initiatives include:
-
Supporting global cooperation on financial stability
-
Enhancing the resilience of non-bank financial intermediation (NBFI), while preserving its benefits
-
Enhancing cross-border payments
-
Harnessing the benefits of digital innovation while containing its risks
-
Addressing financial risks from climate change
-
Cyber and operational resilience
The work programme was finalised prior to the failure of Silicon Valley Bank and the strains on Credit Suisse that led to its takeover by UBS. FSB members remain vigilant and stand ready to take policy measures to maintain the resilience of the global financial system. The Plenary is considering how best to prioritise its work in light of these recent events.
Click here for full details.
