The Financial Stability Board (FSB) set out its work program, providing an indicative timeline of the key deliverables for 2022.
The work program addresses the expected initiatives and work priorities, continuation and completion of ongoing financial stability work, and regular monitoring and reporting of financial stability issues. Key deliverables for 2022 and their timelines are presented below:
- April: Consultative report on identification of regulatory and supervisory approaches to addressing climate-related financial risks (G20 deliverable)
- July: Annual progress report on climate roadmap (G20 Deliverable), report on climate-related vulnerabilities and their monitoring, and report on the use of scenario analysis for climate-related risks
- October (G20 deliverables for November Summit): Final report on COVID-19 exit strategies to support equitable recovery for financial stability and scarring effects, report with main findings of nonbank financial intermediation (NBFI) initiatives and policy proposals to address systemic risk in NBFI, consultative document on achieving greater convergence for reporting cyber incidents to financial authorities, final report on regulatory and supervisory approaches to addressing climate-related financial risks, report (jointly with NGFS) on the outputs of scenario analysis by jurisdictions, report on progress in achieving consistent climate-related financial disclosures, and progress report on the regulation, supervision, and oversight of global stablecoins
- November: Identification of global systemically important banks (G-SIBs) for 2022 and progress report on benchmark transition (2022, H2)
- December: Global Monitoring Report on NBFI
Keywords: International, Banking, Insurance, Securities, Reporting, Financial Stability, Covid-19, NBFI, Systemic Risk, Cryptoassets, Decentralized Finance, Climate Change Risk, ESG, Disclosures, NGFS, Cyber Risk, Operational Resilience, Fintech, G20, FSB
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