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FSB launches LRS taskforce and identifies cross-border payments as a work priority for 2023

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Martina Lindberg

2 min read
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The Financial Stability Board also seeks to further strengthen the global financial system by adding climate risks and crypto-assets to its work agenda.

Non-bank financial intermediation (NBFI), crypto-assets and decentralised finance (DeFi) and cross-border payments topped the list of the FSB’s priorities for 2023, which its Chair Klaas Knot outlined in a recently published letter.

Laying out the work priorities for 2023 Knot noted the recent easing in the state of the global

“The

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