The Financial Stability Board has published its annual work programme for the first time, in an initiative championed by the new chair, Randal Quarles.
One top priority for the FSB in 2019 is to address “new and emerging vulnerabilities” in the financial system. Areas of focus include risks stemming from fintech, cyber attacks and non-bank financial firms. The FSB will also weigh up the effects of reforms to audit and accounting.
A further area of work is the finalisation, implementation and