FSB European group discusses cyber risks, crypto regulation, and 2026 priorities

FSB European group discusses cyber risks, crypto regulation, and 2026 priorities
Banking & Financial Services
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Klaas Knot Chair of the FSB | Financial Stability Board

Senior officials from central banks, financial authorities, and regulatory bodies in Europe gathered in Basel for a meeting of the Financial Stability Board (FSB) Regional Consultative Group for Europe. The agenda included discussions on cyber risks affecting financial institutions, an assessment of both global and regional financial vulnerabilities, and regulatory approaches to challenges posed by stablecoins and crypto-assets.

Participants also reviewed efforts to enhance operational readiness for the use of resolution tools in the event of financial distress. The group further addressed the FSB’s work priorities for 2026.