It has since moved on to assess and address emerging risks from a variety of sources, including most recently crypto-assets, nonbank financial intermediation and climate-related financial risks. It is now taken for granted that there is an international dialogue on all these issues and a ‘Board’ that coordinates actions by the Standard Setting Bodies and gives policy advice to national authorities.
No wonder the FSB is now considered a successful example to be possibly followed in other areas, health for instance. Yet, this is the result of discussions we had and efforts we made, not something that sprang up spontaneously.