FSB launches a new implementation phase to make cross‑border payments faster, cheaper, and more transparent by 2027 through upgraded systems, real-time processing, and public-private collaboration

This phase brings together public authorities and private sector stakeholders—including banks, fintechs, and payment system operators—to develop detailed jurisdictional and regional action plans, identify bottlenecks, and implement practical measures that improve the...

FSB releases its 2025 G‑SIB list, keeping 29 banks with some bucket shifts, highlighting stricter capital, resolvability, and compliance requirements to safeguard against systemic and FC risks

The designation requires these banks to hold higher loss-absorbing capacity, meet Total Loss-Absorbing Capacity (TLAC) standards, maintain robust resolution plans, and adhere to enhanced supervisory expectations, underscoring their systemic importance and the need for...