FSB - Financial Stability Board

06/17/2025 | Press release | Distributed by Public on 06/17/2025 08:00

FSB Regional Consultative Group for Sub-Saharan Africa meets in Livingstone

The Financial Stability Board (FSB) Regional Consultative Group for Sub-Saharan Africa (RCG SSA) met on 17 June in Livingstone, hosted by the Bank of Zambia.

Members exchanged views on financial vulnerabilities at the global and regional level; the impact of extreme weather events in Sub-Saharan Africa and how the private and public sectors can best prepare for such events; and progress on the G20 Roadmap on cross-border payments, , including challenges faced by both the public and private sector to effect tangible improvements in payment arrangements.

Members also shared recent regional developments in crypto-assets and stablecoins, including steps to implement the FSB's regulatory framework.

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