The Bank for International Settlements Financial Stability Institute (FSI) published its “2025 in review” overview, summarising its policy work, outreach and capacity development activities and special projects aimed at supporting implementation of global regulatory standards and sound supervisory practices. The report highlights continued publication output, steady event delivery and further modernisation of the FSI Connect e-learning platform, including the launch of an app and use of bespoke AI tools to improve content development efficiency. In 2025, the FSI published 14 policy papers and recorded 303,000 downloads of FSI publications, compared with 217,000 in 2024, with a revised methodology focusing on active users. Output covered topics including artificial intelligence explainability, qualitative supervisory measures, stablecoin-related yields, liquidity and capital requirements, loss-absorbing capacity for failure management and public support for bank resolution, alongside climate-related protection gaps in reinsurance. Outreach activity comprised 34 events with around 2,900 participants, including joint work with bodies such as the Basel Committee on Banking Supervision, the Financial Stability Board, the International Organization of Securities Commissions, the International Monetary Fund and the International Association of Insurance Supervisors. FSI Connect added 10 new tutorial suites and seven new Executive Summaries, reported 122,000 tutorial launches and 192,000 Executive Summary downloads, and counted 288 subscribing authorities from 155 jurisdictions for a total of 10,620 subscriptions. Looking ahead, preparations are under way for a sixth cross-border crisis simulation exercise in 2026 involving authorities from the European Union and European banking union, alongside selected countries from within and outside the EU. Other follow-on work includes continuing updates to the Fintech Repository, which has expanded to cover all 63 jurisdictions where BIS member central banks are located and contains over 6,000 documents, and ongoing implementation-focused outreach linked to the Unidroit Legislative Guide on bank liquidation. The FSI also set out further planned enhancements to FSI Connect content and functionality, continued cooperation on financial health with a next workshop focused on digital financial innovation, a review and upgrade of the Climate Training Alliance portal, and additional Informal Suptech Network webinars with a planned paper on modernising supervisory platforms for operational efficiency and AI readiness.

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