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Klaas Knot: speeches

7 speeches by Klaas Knot listed between 13 July 2022 and 12 June 2025. Roles covered: Chair of the Financial Stability Board (2 December 2021 – 30 June 2025). Most frequent topics: financial stability, payments, digital money and crypto-assets, technology, ai and cyber risk.

Last updated 10 November 2026 · newest first

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· Klaas Knot Wiki · Financial Stability Board WikiHow is the water? Continuing our work to preserve financial stability

ContextRemarks by the outgoing Chair of the Financial Stability Board; the FSB coordinates financial regulation for the G20 and must keep reforms on track as political support weakens.

Why it mattersThe outgoing FSB chair points to data gaps around non-banks, crypto and climate as the main blind spots in global oversight.

Problems raised
  1. Data gaps hide risks in the financial system.
  2. Non-bank finance, crypto-assets and climate change create new vulnerabilities.
  3. Risk management practices have not kept pace.
Solutions proposed
  1. Close data gaps to support monitoring and policy design.
  2. Keep strengthening risk management across financial firms.
  3. Deepen cross-border cooperation on implementation.
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· Klaas Knot Wiki · Financial Stability Board WikiRemarks by Klaas Knot at the 93rd G30 Plenary

ContextRemarks at the 93rd plenary of the Group of Thirty, a forum of senior financiers and academics; the FSB coordinates financial regulation for the G20 and watches risks outside the banking sector.

Why it mattersThe FSB chair warns that stablecoins could bring hidden risks into the core of the financial system.

Problems raised
  1. Financial innovation can outpace regulation.
  2. Stablecoins may exploit gaps in oversight.
  3. Hidden risks can enter the core financial system.
Solutions proposed
  1. Apply the principle of same activity, same risk, same regulation.
  2. Close regulatory gaps for stablecoins and crypto-assets.
  3. Coordinate regulation across jurisdictions.
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· Klaas Knot Wiki · Financial Stability Board WikiThe AI adventure: how artificial intelligence may shape the economy and the financial system

ContextRemarks by the Chair of the Financial Stability Board; the FSB coordinates financial regulation for the G20 and studies how artificial intelligence could affect stability.

Why it mattersThe FSB chair warns that AI could concentrate risk among a few providers and encourage herding.

Problems raised
  1. AI may concentrate risk among few providers.
  2. Herding behaviour could increase.
  3. AI models are hard to explain.
Solutions proposed
  1. Monitor third-party and concentration risks.
  2. Apply existing frameworks to familiar risks.
  3. Improve understanding of AI model risk.
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· Klaas Knot Wiki · Financial Stability Board WikiActa, non verba: Interlinking fast payment systems to enhance cross-border payments

ContextRemarks by the Chair of the Financial Stability Board; the FSB coordinates financial regulation for the G20 and leads its plan for cheaper and faster cross-border payments.

Why it mattersKnot urges linking national instant payment schemes so money moves abroad faster and cheaper.

Problems raised
  1. Cross-border payments are slow and costly.
  2. Some regions lag far behind.
  3. Anti-money laundering rules create friction.
Solutions proposed
  1. Interlink national fast payment systems.
  2. Strengthen FATF guidance on AML/CFT.
  3. Build regional action plans.
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· Klaas Knot Wiki · Financial Stability Board WikiA solid foundation for a resilient structure

ContextRemarks by the Chair of the Financial Stability Board; the FSB coordinates financial regulation for the G20 and wants post-crisis reforms fully applied.

Why it mattersKnot calls for a macroprudential approach to non-bank finance and buffers against cyclical risks.

Problems raised
  1. Non-bank finance can amplify shocks.
  2. Cyclical vulnerabilities build up.
  3. Concentration risk is growing.
Solutions proposed
  1. Apply a macroprudential approach to non-banks.
  2. Build buffers against cyclical risks.
  3. Strengthen international regulation.
Read full speech on fsb.org ↗Open Dark Majestic article
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· Klaas Knot Wiki · Financial Stability Board WikiFinancial stability risks and the FSB’s work program

ContextRemarks by the Chair of the Financial Stability Board; the FSB coordinates financial regulation for the G20 and sets its work plan on current risks.

Why it mattersKnot sets the FSB's priorities, including too-big-to-fail and non-bank risks.

Problems raised
  1. Financial stability risks remain elevated.
  2. Too-big-to-fail issues persist.
  3. Non-bank finance is vulnerable.
Solutions proposed
  1. Strengthen too-big-to-fail frameworks.
  2. Implement peer review recommendations.
  3. Pursue FSB work program.
Read full speech on fsb.org ↗Open Dark Majestic article
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