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Comments & Position Papers | World Council of Credit Unions

Comments & Position Papers | World Council of Credit Unions
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FSB Plenary Meets In Basel

<p><span>The Financial Stability Board (FSB) Plenary met yesterday and today in Basel, to discuss the outlook for global financial stability, including issues of particular relevance to emerging market and developing economies (EMDEs), and any actions needed to address identified vulnerabilities in the global financial system. The Plenary reviewed policy work in several areas, including crypto-assets and decentralised finance (DeFi) and climate-related financial risks. The Plenary also agreed the FSB&rsquo;s work programme for 2023.</span></p>

FSB outlines progress made in addressing financial risks from climate change

The Financial Stability Board (FSB) today published its first annual progress report on the July 2021 FSB Roadmap for Addressing Climate-Related Financial Risks, which is being delivered to G20 Finance Ministers and Central Bank Governors meeting in Bali, Indonesia this week.

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