Looking at the pace of innovation in financial markets, the changing role of banks and the more globally interlinked banking industry, we must continue to respond in kind.
The FSB’s contribution is to help bind this work together by promoting consistency and effectiveness of approaches across sectors and countries. In April, we issued a consultation report on supervisory and regulatory approaches to climate-related risks. This report takes a cross-sector, cross-border perspective. It sets out high level recommendations on regulatory and supervisory data.