The Financial Stability Board (FSB) has revealed its priorities list for 2020 which includes FinTech, stablecoins, cross-border payments and interest rates.
It will continue to finalise and operationalise the remaining elements of post-crisis reforms, monitor and access the implementation of reforms and evaluate their effects in order to ensure reforms work as intended.
The FSB will continue to monitor financial innovation developments and assess their potential implications for financial stability as well as take stock of the range of practices and their use of RegTech.
Stablecoins have attracted the glare of regulators around the world and the FSB will issue a public consultation on addressing regulatory issues.
In the new year, the FSB will develop a roadmap for the G20 detailing how global cross-border payments could be enhanced.
Finally, the FSB will take stock of the implementation of benchmark reforms on interest rates and report on challenges to the transition.
The FSB will continue to evaluate the reforms under its examination and will finalise its review of the effects of money market fund reforms.
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