The Financial Stability Board’s Regional Consultative Group for Sub-Saharan Africa met in Livingstone, hosted by the Bank of Zambia, to exchange views on key financial stability issues affecting the region. Discussions covered global and regional financial vulnerabilities; the impact of extreme weather events in Sub-Saharan Africa and how public and private sectors can prepare; progress under the G20 Roadmap on cross-border payments, including challenges to achieving tangible improvements in payment arrangements; and recent regional developments in crypto-assets and stablecoins, including steps to implement the FSB’s regulatory framework.
Financial Stability Board 2025-06-17
Financial Stability Board Sub-Saharan Africa consultative group reviews regional vulnerabilities, climate risks, cross-border payments and crypto-asset regulation
The Financial Stability Board’s Regional Consultative Group for Sub-Saharan Africa met in Livingstone to discuss regional financial stability. Key topics included global and regional financial vulnerabilities, extreme weather impacts, and progress on the G20 Roadmap for cross-border payments. The group also addressed regional developments in crypto-assets and stablecoins, focusing on implementing the FSB’s regulatory framework.