Tag: FSB

New FSB framework targets AI risks in financial sector

The Financial Stability Board (FSB), the international body that monitors and makes recommendations about the global financial system, has published a consultation report outlining...

Why AI is reshaping regulatory oversight for good

Financial regulation has always required comparison, but the tools to do it well have never kept pace with the complexity of modern markets. As...

Digital bank Grasshopper secures $46.6m in new funding

Grasshopper, a full-service digital bank focused on client-first financial solutions, has announced the successful completion of a $46.6m funding round. The round was led by...

FSB introduces advanced toolkit for assessing climate-related financial risks

The FSB has unveiled a new analytical framework and toolkit designed to enhance the assessment of climate-related vulnerabilities within the global financial system. This...

EU regulatory updates to strengthen liquidity management in investment funds

The European Securities and Markets Authority (ESMA), a pivotal regulator and supervisor within the EU, has launched a public consultation on draft guidelines and technical standards pertaining to the revised Alternative Investment Fund Managers Directive (AIFMD) and the Undertakings for Collective Investment in Transferable Securities (UCITS) Directive.

Tyl by NatWest teams up with FSB to deliver cost-effective payment...

Tyl by NatWest, a payment solutions provider known for its innovative technology and reliable service, has entered into a new partnership with the Federation of Small Businesses (FSB), a leading advocate for UK entrepreneurs and small businesses.

FSB’s 2024 work programme tackles digital assets, climate, and cross-border payments

The FSB has set a decisive course for 2024, aiming to fortify global financial stability amidst a landscape marked by heightened vulnerabilities.

Decoding the UPI: Revolutionizing OTC derivatives reporting in global markets

The introduction of the Unique Product Identifier (UPI) under the European Union’s EMIR REFIT marks a significant shift in over-the-counter (OTC) derivatives reporting. This...

FSB outlines new steps to assess risks of DeFi

The US’ Financial Stability Board (FSB) has outlined new measures it will carry out to explore the risks of DeFi.

FSB outlines proposals for greater cyber reporting convergence

The Financial Stability Board (FSB) has recently established proposals to ensure greater convergence in cyber incident reporting, according to Finextra.

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