Financial Stability Board

23/10/2026

We heard your feedback. We received 160 comments to our consultation on Sound Practices for Responsible Adoption of Artificial Intelligence (AI). In response to your feedback, our final report expands its description of benefits and risks of AI adoption. It also discusses documentation needed to support auditability, traceability, sound governance, and effective oversight of AI.

We have also enhanced our sound practices to include:
✅clearer descriptions of the roles of boards and senior management
✅additional guidance on effective documentation
✅greater emphasis on transparency for higher-risk and higher-materiality use cases
✅broader coverage of third-party AI risk management

The report also now includes additional considerations for managing risks associated with agentic AI and multi-agent systems. These considerations may evolve as understanding of these technologies develops and may warrant more comprehensive treatment in the future.

📖 Read our report with 12 sound practices to help all financial institutions realise the benefits of AI while managing its risks responsibly here: https://bit.ly/47fnv0d

22/10/2026

In his speech at Asia 2026, our Secretary General, John Schindler discussed the FSB work the is doing on Artificial Intelligence, stablecoins, regulatory modernisation and resolution to keep pace with the fast-flowing, ever changing financial system.

Read his full speech here: https://bit.ly/4iyHGeT

21/10/2026

Financial innovation is reshaping the global financial system.

In his keynote speech at RiskLive Asia, our Secretary General, John Schindler, discussed how financial authorities and institutions can manage the risks arising from this rapid change while preserving the benefits of innovation.

In doing so, he highlighted new FSB work on key issues, including artificial intelligence, stablecoins, and regulatory and supervisory modernisation. He also stressed the importance of strengthening the implementation of agreed policies and standards.

“As Heraclitus pointed out over 2000 years ago, things are constantly changing”, said Mr. Schindler. “Regulation and supervision must keep pace with these changes.”

Read his full speech here: https://bit.ly/4jsK6h7

19/10/2026

Speaking at a high-level panel for the launch of the Bangkok Blueprint, FSB Chair, Andrew Bailey, shared his thoughts on how the FSB work on cross-border payments and AI can contribute to address fraud in payments.
https://www.youtube.com/live/_EnYsrprWiw

This seminar will launch the Bangkok Blueprint, a high-level framew...

16/10/2026

📚 At the request of the US G20 Presidency, we delivered a number of reports ahead of the October G20 Finance Ministers and Central Bank Governors meeting.

💠 Thematic peer review on public sector backstop funding mechanisms: https://bit.ly/4jLG9nK
💠Consultation report on regulatory and supervisory modernisation: https://bit.ly/47fJOTy
💠 Finalised sound practices for responsible adoption of artificial intelligence (AI): https://bit.ly/47fnv0d
💠 G20 Implementation Monitoring Review: https://bit.ly/4zBstQZ

✉️ Our Chair, Andrew Bailey’s, letter summarises these and our work to safeguard global financial stability.
🔗 https://bit.ly/4hLfvsr

15/10/2026

💡AI is transforming financial services and business models, reshaping how financial institutions operate, innovate, and serve customers by improving efficiency, reducing costs, and widening access to financial products and services.

⚠️ At the same time, AI may also amplify existing risks or introduce new ones that need to be identified and managed appropriately.

🛡️ To facilitate responsible AI adoption by financial institutions, we have published 12 sound practices which we encourage financial institutions to consider.

Read our report here: https://bit.ly/47fnv0d

14/10/2026

ℹ️ Modernisation is an ongoing effort by financial authorities to improve the effectiveness, efficiency, risk focus, coherence, and forward-looking nature of their regulatory and supervisory policies, including supervisory processes and practices.

🔷 At the request of the US G20 Presidency, we are putting forward for consultation eight high-level principles for financial authorities to apply in their modernisation efforts. The proposed principles should contribute to efforts to keep regulatory and supervisory frameworks effective and responsible.
🔗 https://bit.ly/47fJOTy

👉 The proposed principles are based on FSB members’ shared understanding that:
1️⃣ financial stability provides the foundation for sustainable economic growth, which in turn supports financial stability;
2️⃣ the principles build on the commitment to implement internationally agreed standards;
3️⃣ the principles must be consistent with jurisdictions’ legal frameworks and circumstances; and
4️⃣ the principles aim to preserve or enhance existing levels of financial system resilience.

✍️ We are interested in receiving your feedback on the proposed principles.
Visit our website for more information: https://bit.ly/47fJOTy

🗓️ Consultation closes on 8 January 2027.

13/10/2026

ℹ️ The cross-border aspects of global stablecoins could amplify liquidity mismatches, run risk and operational fragility, while insolvency would raise legal and operational questions.

📝 Our recent note to the G20 summarises ongoing work on the structure of global stablecoin arrangements, the potential propagation of vulnerabilities, and the metrics that could support financial stability monitoring. Additionally, it sheds light on the data currently available for monitoring stablecoins, assessing the sources as well as the benefits and limitations of these sources.

▶️ Read the full note and find out how the FSB is working to help authorities assess, identify, and monitor potential financial stability vulnerabilities related to global stablecoin arrangements.

🔗 https://bit.ly/4rXVQu2

13/10/2026

💡A public sector backstop mechanism enables authorities to fund a systemic bank through resolution when private resources and ordinary central bank facilities cannot meet the need. The banking turmoil in 2023 highlighted the importance of effective public sector backstop funding mechanisms as a last resort to support resolution and aid restoring market confidence.

Our thematic peer review on public sector backstop funding mechanisms asked FSB members:
❓Does a credible PBF mechanism exist in your jurisdiction and can it deliver temporary liquidity at the scale and speed likely to be needed for an orderly bank resolution;
❓Are tools in place for taxpayer losses to be recovered
❓Are safeguards in place to contain moral hazard and ensure the last resort nature of such mechanisms.

The review found that while progress has been made since the adoption of Key Attribute 6, progress is uneven and incomplete.

Our full report has more: https://bit.ly/4jLG9nK

12/10/2026

Global stablecoin vulnerabilities are an inherently cross-border and cross-sectoral issue.

The reach and use of global stablecoins across multiple jurisdictions imply that a single jurisdiction alone may not be able to fully assess or address potential cross-border vulnerabilities.
Moreover, the activities involved in operating a global stablecoin may span several types of entities and fall under the oversight of multiple national authorities, adding extra complexity, particularly at times of stress.

We have analysed the cross-border dimension of global stablecoins from a financial stability perspective, and submitted to the G20 a short summary note outlining where potential cross-border vulnerabilities lie and what data for financial stability monitoring may help to shed more light on them.

Find out more: https://bit.ly/4rXVQu2