Other Key Financial Stability Items for 2021 What I have just discussed covers a large portion of the FSB’s 2021 work plan, but I would be remiss if I did not mention a few other significant areas.
More than any other sector perhaps, financial markets have to cope with a high degree of uncertainty. This is a reflection of the fact that by nature finance is an intertemporal activity: services to which counterparties commit themselves in financial contracts are delivered over sometimes very long periods during which circumstances can change in unforeseen ways.