The FSB

The Financial Stability Board (FSB) is a premier international organization dedicated to enhancing global financial stability. Established in the aftermath of the 2008 financial crisis, the FSB works closely with national authorities and international standard-setting bodies to monitor vulnerabilities within the financial system and promote sound financial practices worldwide.

The FSB is responsible for a wide range of activities, including assessing risks affecting the global economy, coordinating crisis management, and ensuring effective implementation of international standards. It operates through various committees that oversee the assessment of vulnerabilities, regulatory cooperation, and implementation of policies designed to strengthen financial systems.

The Board's ongoing work encompasses critical areas such as FinTech, climate-related financial risks, cross-border payments, and crypto-assets regulation, positioning it at the forefront of addressing emerging financial challenges. Through its commitment to transparency and cooperative adherence to international standards, the FSB encourages member jurisdictions to foster a harmonized regulatory environment, leading to a more resilient global financial system.