The Financial Stability Board (FSB) is a global entity dedicated to monitoring and advising on the stability of the financial system. The FSB's mandate involves promoting international financial stability through coordinated efforts among national financial authorities and standard-setting bodies. By assessing vulnerabilities, promoting coordination, monitoring market developments, and setting guidelines, the FSB aims to strengthen financial systems and enhance market stability.

The FSB's framework includes a structure for identifying systemic risks, formulating policy responses, and overseeing their implementation. With decision-making bodies, standing committees, and a focus on adherence to international standards, the FSB encourages its members to lead by example. Through peer reviews, monitoring, and collaboration with organizations like the IMF, the FSB strives to maintain financial stability and transparency on a global scale.

Explore more about the FSB's work and commitment to promoting financial resilience