Financial Stability Board Publishes 2020 Work Program
12/17/2019The Financial Stability Board has published its work program for 2020. The FSB confirms that it will continue to monitor developments to identify and manage new and emerging risks, work to finalize the outstanding components of the post-crisis reforms and assess the implementation of reforms as well as their effects. Key areas of focus will be:
- LIBOR transition: the FSB will monitor implementation of the benchmark reforms and report on outstanding issues.
- Global stablecoins: the FSB will launch a consultation on global stablecoins in April 2020.
- Global payment systems: the FSB will work with other international bodies to develop and deliver a roadmap for using digital innovations to improve global cross-border payments.
- FinTech: the FSB will report on the perspective of emerging market and developing economies.
View the FSB work program for 2020.
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