The Financial Stability Board reported that its Regional Consultative Group for the Commonwealth of Independent States met in Astana on 5-6 May 2026 to discuss key financial stability issues affecting the region and the wider global system. Hosted by the National Bank of the Republic of Kazakhstan, the meeting brought together senior officials from central banks, financial authorities and regulatory bodies across the region. Discussions covered global and regional financial vulnerabilities, the impact of strains in foreign exchange markets, resolution regimes and their implementation, and developments in global stablecoins and crypto-assets. The meeting was co-chaired by Akylzhan Baimagambetov, Deputy Governor of the National Bank of the Republic of Kazakhstan, and Armen Nurbekyan, Deputy Governor of the Central Bank of Armenia. Members also reviewed the FSB's 2026 work programme and discussed how regional perspectives could feed into global financial stability work.