The Financial Stability Board (FSB) today published the 2022 list of global systemically important banks (G-SIBs) using end-2021 data and applying for the first time the revised assessment methodology published in 2018 by the Basel Committee on Banking Supervision (BCBS).1

With the global economic and financial environment becoming increasingly complex, members of the Regional Comprehensive Economic Partnership (RCEP) need to enhance cooperation to promote the economic recovery and safeguard financial stability, officials and economists suggested on Tuesday at the ongoing 2022 Financial Street Forum in Beijing.

The Financial Stability Board (FSB) today published its report to the G20 on the framework for monitoring progress toward meeting the targets for the G20 Roadmap for Enhancing Cross-border Payments, to achieve cheaper, faster, more transparent, and more accessible payments.

Financial stability, sustainable finance, encrypted assets, and cyber security and their effects on financial markets are the most prominent topics discussed in the conference.

The rising global interest rates necessary to curb inflation will test New Zealand’s financial resilience, Governor Adrian Orr says in releasing the November 2022 Financial Stability Report.

A statement issued on Thursday, 13 October 2022 by the German Financial Stability Committee (FSC) declared that while German financial institutions were well capitalised overall, they should prepare for a significantly altered risk situation. In its statement, the FSC set out its views on the weakening of the economic environment, heightened risks and safeguarding the resilience of the German financial sector.

China's national financial stability fund has accumulated a certain amount of capital with its initial framework established, marking a critical step for the country to strengthen its financial safety net against rising global financial fragility, experts said on Tuesday.

China's renminbi is expected to continue its steady rise in global use and play a bigger part in safeguarding international financial stability, as the country further advances its financial opening-up while deepening trade and investment cooperation, experts said.

The Banque centrale du Luxembourg (BCL) is today publishing the 2022 edition of its Financial Stability Review.

China has preliminarily established the basic framework of a fund for ensuring financial stability and raised 64.6 billion yuan ($9.55 billion) in the first round of funding

The use of the financial stability fund should focus on emergencies or uncommon issues.

Experts added that the country's decision to roll out a law and a fund to ensure financial stability is in line with international practices, as major economies have developed similar mechanisms.