The Financial Stability Board (FSB) announced that its Regional Consultative Group for Europe met in Wroclaw on 8 and 9 May, hosted by the National Bank of Poland, to discuss key financial stability topics including global vulnerabilities, cross-border payments, non-bank financial intermediation and tokenisation. Members reviewed global financial vulnerabilities and progress on the G20 Roadmap on cross-border payments. The agenda also covered developments in the non-bank financial intermediation sector and approaches to monitoring potential financial stability risks. A dedicated roundtable examined the financial stability implications of tokenisation, bringing together participants from industry, academia and the central banking community to discuss technological developments and risks associated with tokenisation, particularly where based on distributed ledger technology.