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FSB Americas Group discusses global and regional vulnerabilities and climate-related financial risks

14 June 2022

The Financial Stability Board (FSB) Regional Consultative Group (RCG) for the Americas convened a virtual meeting on 7th June 2022 to discuss current global and regional macroeconomic and financial market developments.

The discussion focused on:

  • the financial stability implications of Russia’s invasion of Ukraine,
  • elevated and volatile commodity prices, as well as broader developments such as the continuing economic recovery from COVID-19 and higher inflation.
  • discussion of FSB work of importance to the region, including the regulation and supervision of crypto-assets
  • implementing the G20 roadmap to enhance cross-border payments
  • progress being made within the region on addressing financial risks from climate change, and how the region could contribute to the FSB’s Roadmap for Addressing Climate-related Financial Risks, including from an emerging markets perspective.

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