· Andrew Bailey Wiki · Financial Stability Board WikiFSB Chair’s foreword to the FSB Annual Report 2025
Read full speech on fsb.org ↗ContextIn presenting the Report, FSB Chair Andrew Bailey reflects on current challenges to multilateralism and how the FSB will remain fit for purpose.
Why it mattersThe Financial Stability Board Chair's yearly overview of global financial risks and the FSB's priorities.
Problems raised
- The global landscape shifted sharply during the year, raising new risks for financial stability.
- Leadership and priorities inside the FSB were changing at the same time.
- Vulnerabilities outside the banking sector keep growing.
Solutions proposed
- Keep the FSB focused on a narrower set of priority work streams.
- Strengthen international cooperation among member authorities.
- Present results more clearly through a revamped annual report.