FSB Launches Third Review of Resolution Key Attributes
The FSB today launched its third peer review on implementation of the FSB’s Key Attributes of Effective Resolution, seeking views regarding progress on bank resolution planning and resolvability assessments since the last review in March, 2016.

Basel Committee Turns to NBFI Interconnectedness
The Basel Committee’s governing body of central-bank heads and supervisors today issued their latest edict on global bank regulatory priorities. Co

Basel Finalizes Operational-Risk Resilience Standards
In addition to the new work plan addressed in an earlier FedFin report, the Basel Committee today released final versions of sound principles for operational risk management and principles for operational resilience.

BIS Head: Space for Private Sector in CBDC
BIS General Manager Agustín Carstens today argued that well-designed CBDCs would be a safe, neutral, and final means of settlement for the digital economy, spurring more efficient payment systems and improving public welfare.

CFPB Revokes Enforcement Relief
The CFPB today rescinded seven 2020 policy statements that provided regulatory flexibility due to the pandemic.

FSOC Prioritizes Open-End, Hedge Funds
Chairing her FSOC meeting today, Secretary Yellen deferred FSOC MMF work to the SEC, turning instead to open-end funds.

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