Tag: Financial Stability Board (FSB)
Has the pandemic strangled innovation for financial incumbents?
The pandemic has allowed Big Tech companies such as Google and Amazon to strengthen their grip on financial services, according to The Financial Stability Board.
FSB publishes roadmap to enhance cross-border payments
The Financial Stability Board (FSB) has published a roadmap to enhance cross-border payments, which will be delivered to G20 finance ministers and central bank governors at a October 14 meeting.
FSB warns about the risks of big tech offering financial services...
Big tech entering emerging markets with financial services could cause competition concerns for domestic FinTech operators and lead to negligent customer protection, the Financial Stability Board (FSB) warns in a new report.
FSB delivers coronavirus report and names it “the biggest test of...
The Financial Stability Board (FSB) has warned the G20 nations to carefully monitor the COVID-19 pandemic and how it affects the global economy.
FSB tells South Africa’s authorities to do more to secure financial...
South Africa’s new bank resolution and deposit insurance measures are welcome, but more needs to be done to ensure financial stability in the country, according to a new report from the Financial Stability Board (FSB).
Financial assets grew to $378.9trn in 2018
Banks have been the key drivers behind the growth of financial assets, according to the Financial Stability Board (FSB).