The Financial Stability Board (FSB) Regional Consultative Group (RCG) for the Middle East and North Africa (MENA) met today in virtual format.

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.

New changes will optimize stability, improve adequacy of insurance security fund.

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.

Recently, the SSE ETF market has seen continuous net inflows of funds and active trading, which has effectively supported the stability of the market. According to statistics, during the eight trading days from October 10 to 19, ETFs received a net inflow of 29.1 billion yuan, and non-commodity ETFs received a net inflow of 11.8 billion yuan. Among them, the ten ETFs with highest net inflows are all from the SSE, as China AMC Hang Seng TECH ETF ranks first with a net inflow of 2.89 billion yuan, followed by the China AMC SSE 50 ETF with a net inflow of 2.65 billion yuan, the Southern Asset Management CSI 500 ETF with a net inflow of 1.85 billion yuan, and CSI 300 ETF and STAR 50 ETF. Broad-based ETFs are still the mainstream option for basis allocation.

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.