Chair of the Financial Stability Board sent a letter to G20 finance ministers and central bank governors addressing financial stability issues caused by the invasion of Ukraine.
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In a letter to FDIC-insured banks, the agency requested that any institution considering engaging in crypto-related activities provide notification to the appropriate FDIC regional director.
The Financial Stability Board today outlined its work priority areas for 2022, including a timeline for the publication of a series of research reports on a range of financial stability topics.
The nation’s large banks at the core of the financial system “continue to be resilient” while some financial vulnerabilities remain elevated, the Federal Reserve said today in its semiannual monetary policy report.
In a letter to G20 finance ministers and central banks governors today, the Basel, Switzerland-based Financial Stability Board outlined its priorities for 2022.
The crypto-asset market could reach a point where it presents a threat to global financial stability, according to a new report released today by the Basel, Switzerland-based Financial Stability Board.
Climate change stress tests will “be a key tool going forward,” Federal Reserve Chairman Jerome Powell told members of the Senate Banking Committee today.
Climate-related risks rank among the top priorities for the Financial Stability Oversight Council, according to the FSOC annual report released today.
The American Bankers Association and 51 state bankers associations today wrote to members of the FDIC board emphasizing the importance of an “independent FDIC and an orderly, transparent policymaking process.”
In a lengthy farewell speech today as his tenure on the Federal Reserve Board of Governors comes to a close, former Vice Chairman for Supervision Randal Quarles outlined several “further refinements to the bank supervisor and regulatory framework” that still need to be made in the near term, including further calibration of leverage capital standards.