Federal Reserve Board Vice Chair for Supervision Randal Quarles reiterated three principles that are critical to the Financial Stability Board's "relevance" and "vitality": engagement, vigilance and analysis.
In a final report, the Financial Stability Board, along with a group of other international financial regulatory bodies, evaluated how post-financial crisis reforms affect incentives for the central clearing of derivatives.
In a report prepared for G20 Finance Ministers and Central Bank Governors, the Financial Stability Board described recent work by global standard-setting bodies in connection with crypto-asset markets.
UK Financial Conduct Authority Chief Executive Andrew Bailey called for accelerated efforts to transition away from LIBOR. The Financial Stability Board also published a statement on the development and adoption of overnight risk-free rates.