On 28 October 2025, the Basel Committee on Banking Supervision issued a technical amendment to the Basel Framework which relates to the circumstance where a bank uses a guarantee or credit derivative to hedge the counterparty credit risk of a derivative exposure subject to the standardised approach to counterparty credit risk or the internal models
On 16 October 2025, the International Organization of Securities Commissions (IOSCO) published a final report on its thematic review assessing the implementation of IOSCO’s Recommendations for crypto and digital asset (CDA) markets.
Background
IOSCO published in 2023 a set of 18 policy recommendations for the regulation of crypto and digital assets
On 16 October 2025, the Financial Stability Board (FSB) published Thematic Peer Review on the FSB Global Regulatory Framework for Crypto-Asset Activities.
Background
The G20, during India’s Presidency in 2023, charged the FSB with coordinating the delivery of an effective and comprehensive regulatory framework for crypto-assets. In consultation with standard-setting bodies and
On 13 October 2025, the Financial Stability Board (FSB) published a letter from its chair to G20 Finance Ministers and Central Bank Governors ahead of their meeting on 15‑16 October. The letter is accompanied by an interim report from the G20 strategic review of the FSB implementation monitoring work.
The interim report reviews
On 9 October 2025, the Financial Markets Standards Board (FMSB) published in final form a Statement of Good Practice on Unauthorised Trading Frameworks.
The FMSB is an industry-led, member-funded global standards body for the wholesale financial markets.
The FMSB has issued the Statement of Good Practice to help establish practical, industry-wide guidance
On 10 October 2025, the Financial Stability Board (FSB) issued a report that examines how financial authorities can monitor artificial intelligence (AI) adoption and assess related vulnerabilities. The report builds on the FSB’s 2024 report and incorporates findings from a member survey on AI monitoring approaches, interviews with member authorities, publicly
On 9 October 2025, the Financial Stability Board (FSB) published a consolidated progress report for 2025 on actions taken by it and other organisations under the G20 Roadmap for Enhancing Cross-Border Payments.
Background
Previously, the Saudi Arabian G20 Presidency made enhancing cross-border payments a priority and asked the FSB to develop and coordinate
On 14 July 2025, the Financial Stability Board (FSB) published a report which provides an update on its work on the 2021 Roadmap for Addressing Financial Risks from Climate Change.
At the request of the South African G20 Presidency, the report also provides an outline of the FSB’s medium-term approach to potential climate-related
On 10 July 2025, the Basel Committee on Banking Supervision (BCBS) published a horizon-scanning report on the interconnections between banks and non-bank financial intermediaries (NBFIs).
The report is part of the BCBS on-going analysis of risks and vulnerabilities to the banking system. It uses trends and case studies to set out