FSB Seeks Input on Principles for Modernizing Regulation and Supervision
Overview
On October 14, the Financial Stability Board (FSB) published a consultation report, “Regulatory and Supervisory Modernisation Principles - Consultation report.” The report presents eight high-level principles for financial authorities and case studies on the efforts of authorities in different jurisdictions, and invites broad feedback. Comments must be submitted in English through the online form specified by the FSB Secretariat by January 8, 2027.
Key points
- The Financial Stability Board (FSB) published a consultation report.
- The report presents eight high-level principles for financial authorities.
- The deadline for submitting comments is January 8, 2027.
Overview
Many FSB member authorities are reviewing whether regulatory and supervisory frameworks promote sustainable economic growth without compromising financial stability or the soundness and safety of financial institutions. The review also considers whether these frameworks are forward-looking and adaptable enough to address significant risks now and in the future.
FSB member authorities aim to share good practices and insights on regulatory and supervisory frameworks, promote learning among authorities, and encourage greater consistency in efforts across jurisdictions.
Details
On October 14, the Financial Stability Board (FSB) published a consultation report titled “Regulatory and Supervisory Modernisation Principles - Consultation report.” The report presents eight high-level principles for financial authorities alongside case studies on the efforts of authorities in different jurisdictions, and invites broad feedback.
Comments on the report must be submitted in English through the online form specified by the FSB Secretariat by January 8, 2027.