Banking & Finance

FSB Report on Strengthening Global Bank Resolution Frameworks

The Financial Stability Board (FSB) released its 2025 Resolution Report, detailing progress in strengthening global resolution frameworks for banks, insurers, and financial market infrastructures. The report highlights achievements in 2025 and outlines future work to enhance crisis preparedness and operationalize resolution tools.

Public Responses to Insurer Recovery and Resolution Planning Consultation

The Financial Stability Board (FSB) has published public responses to its consultation on the scope of insurers subject to recovery and resolution planning requirements. The consultation period closed on February 6, 2026, and the FSB expects to publish final guidance in Q2-Q3 of 2026.

FSB Peer Review: Public Sector Backstop Funding Mechanisms

The Financial Stability Board (FSB) is conducting a thematic peer review on public sector backstop funding mechanisms and has issued a summary of terms of reference. The FSB is seeking feedback from financial institutions and other stakeholders by March 31, 2026, to inform its review of implementation progress.

FSB 2026 Work Programme: Financial Stability and Systemic Risks

The Financial Stability Board (FSB) has published its work programme for 2026, outlining key priorities to promote global financial stability. The programme focuses on addressing systemic risks through vulnerability assessments, nonbank financial intermediation, cross-border payments, digital innovation, and operational resilience.

FSB Report on Repo Market Vulnerabilities

The Financial Stability Board (FSB) has released a report warning of vulnerabilities in government bond-backed repo markets. The report highlights potential contagion channels and emphasizes the need to preserve market functionality during stress periods, offering policy implications for regulators.

Basel Committee: Governors welcome Basel III progress, discuss cryptoassets and G-SIBs

The Group of Central Bank Governors and Heads of Supervision (GHOS) met on March 9, 2026, to review progress on Basel III implementation, with approximately 75% of member jurisdictions having implemented or planning to implement the standards. The GHOS also endorsed targeted reviews of prudential standards for cryptoasset exposures and the assessment methodology for global systemically important banks (G-SIBs).

Basel Committee Consults on Consolidated Banking Guidelines

The Basel Committee on Banking Supervision has published a consultation on a consolidated version of its banking guidelines and sound practices. The aim is to improve accessibility and streamline guidance materials, reducing their volume by approximately 75%. Comments are requested by June 26, 2026.

Basel Committee Publishes Synthetic Risk Transfer Analysis Report

The Basel Committee on Banking Supervision has published a report analyzing synthetic risk transfer (SRT) transactions. The report notes that while SRTs appear more prudently structured than pre-GFC transactions, risks associated with their growing use merit continued supervisory monitoring.

BIS General Manager Statement on Villeroy de Galhau Departure

The Bank for International Settlements (BIS) issued a statement from General Manager Pablo Hernández de Cos acknowledging the departure of François Villeroy de Galhau, Governor of the Bank of France, from his role as Chair of the BIS Board of Directors. The BIS will begin the process of appointing a new Chair.

Federal Reserve Issues Consent Order Against Former Regions Bank Employee

The Federal Reserve Board has issued a consent prohibition order against Nicole M. Ramsey, a former employee of Regions Bank. The action stems from the misappropriation of customer funds. This enforcement action signifies the Federal Reserve's commitment to upholding standards of conduct within the banking sector.