FSB’s 2024: Crypto, Climate, and Cross-Border Payments in Focus

The Financial Stability Board (FSB) has announced its 2024 work programme, which will focus on crypto, climate change, and cross-border payments. The FSB plans to enhance global cooperation to tackle financial stability concerns, such as rising interest rates and shifts in the economy due to climate change and cyber threats. It also aims to implement resolution reforms and support the resilience of non-bank financial intermediaries. In addition, the FSB will work on improving cross-border payments, regulating crypto-assets, and addressing financial risks resulting from climate change. This comprehensive programme aims to fortify the global financial system and promote cooperation, resilience, and innovation.