FSB Asia Consultative Group Meets in Hanoi, 8-9 Apr
Summary
The FSB Regional Consultative Group for Asia convened in Hanoi on 8-9 April 2026, hosted by the State Bank of Vietnam. Senior officials from central banks and financial authorities across the region discussed global and regional financial vulnerabilities, foreign exchange market strains, cross-border payment safety, and stablecoin arrangement risks. The group also reviewed the FSB's 2026 work programme.
What changed
The FSB Regional Consultative Group for Asia held its semi-annual meeting in Hanoi, bringing together central bank governors and senior regulatory officials from across the Asia-Pacific region. Discussions focused on current financial stability risks including foreign exchange market volatility, the resilience of cross-border payment systems, and vulnerabilities associated with global stablecoin arrangements. The group reviewed the FSB's ongoing work programme and considered how regional perspectives inform global financial stability efforts.
Central banks and financial regulators in the Asia-Pacific region should monitor for emerging FSB standards and guidance arising from this meeting. Institutions involved in cross-border payments, foreign exchange operations, or stablecoin arrangements may face evolving regulatory expectations. The FSB's focus on stablecoin vulnerabilities signals continued attention to digital asset risks in the financial system.
What to do next
- Monitor for FSB outputs from the 2026 work programme
- Track developments in cross-border payment infrastructure standards
- Follow stablecoin regulatory guidance from FSB
Archived snapshot
Apr 9, 2026GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.
The Financial Stability Board (FSB) Regional Consultative Group for Asia (RCG Asia) convened on 8-9 April 2026 in Hanoi, hosted by the State Bank of Vietnam. The meeting brought together senior officials from central banks, financial authorities, and regulatory bodies across the region to discuss key financial stability topics. Co-chaired by Michele Bullock, Governor of the Reserve Bank of Australia, and Pham Thanh Ha, Deputy Governor of the State Bank of Vietnam, the meeting covered: global and regional financial vulnerabilities, the impact of strains in foreign exchange markets, safety and security of cross-border payments, and vulnerabilities arising from global stablecoin arrangements. Members also reflected on the FSB’s 2026 work programme and discussed how regional perspectives can contribute to global financial stability efforts.
Content Type(s): Announcements Other Meetings Press Source(s): RCGs Policy Area(s): Cross Border Payments Crypto Assets EMDEs Financial Innovation Vulnerabilities Assessments
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