The Financial Stability Board (FSB) has launched a strategic review of its crisis preparedness activities, aiming to adapt its work to changes and emerging vulnerabilities in the global financial system and to strengthen how crisis preparedness is integrated with the broader crisis management framework. Andrea Enria has been appointed to chair a high-level group that will conduct the review. The review will assess crisis preparedness across the full crisis cycle, from early intervention through recovery and resolution to post-stabilisation restructuring, and will examine changes to internal processes and organisational structure needed to meet the FSB’s strategic objectives. It also seeks to reinforce the central role of the Key Attributes of Effective Resolution Regimes for Financial Institutions as the international standard for resolution regimes, against the backdrop of turmoil since the Key Attributes’ initial adoption in 2011 that has highlighted both benefits and gaps in the framework and its implementation.
Financial Stability Board 2026-02-19
Financial Stability Board launches strategic review of crisis preparedness activities led by Andrea Enria
The Financial Stability Board (FSB) has initiated a strategic review of its crisis preparedness activities to address emerging vulnerabilities in the global financial system. Andrea Enria will chair a high-level group to assess preparedness across the crisis cycle and recommend changes to internal processes and structures. The review aims to reinforce the Key Attributes of Effective Resolution Regimes as the international standard for resolution.