Home / Financial Services

Legal News

FSB reports to G20 on financial stability challenges, coronavirus (COVID-19) recovery and progress on climate risks

Copyright © 2025 LexisNexis

Published on: 13 July 2022

Published by LNB News

LNB News 13/07/2022

Document Information

Issue Date: 13 July 2022

Published Date: 13 July 2022

Jurisdiction(s): United Kingdom

Article summary

The Financial Stability Board (FSB) has published a letter to G20 finance ministers and central bank governors, warning them of growing financial stability challenges as a result of rising indebtedness, liquidity mismatches and hidden leverage in non-bank financial intermediation. It also sets out progress made on the FSB’s roadmap for addressing climate-related financial risk and the FSB’s work in relation to financial stability risks posed by cryptoassets. The letter is accompanied by a report on the uneven global recovery from the economic effects of the coronavirus (COVID-19) crisis and the capacity for the financial system to finance ‘strong and equitable growth’.

Popular documents

If a beneficiary signs a deed of disclaimer of their share of an estate and the estate pays their legal

If a beneficiary signs a deed of disclaimer of their share of an estate and the estate pays their legal fees, will that count as a PET against their estate?A disclaimer is the refusal of a gift prior to acceptance. The refusal of the gift must take place before the beneficiary accepts any benefit

Contributory negligence in personal injury claims

Contributory negligence in personal injury claimsContributory negligence is a partial defence which can lead to a discount in damages.Other defences may also be relevant. See Practice Notes: Did the claimant consent to the risk of injury? and Was the claimant involved in an illegal activity?If a

Can shares in a limited company that have not been paid-up at all be cancelled?

Can shares in a limited company that have not been paid-up at all be cancelled?A limited company having a share capital may not alter that share capital, except in the ways listed in section 617 of the Companies Act 2006 (CA 2006). Shares in a company cannot simply be cancelled without following an

Glossary—Latin legal terms

Glossary—Latin legal termsDespite attempts in recent years to simplify the language used in legal cases, there are still a number of Latin phrases commonly used in personal injury claims. The following Latin phrases are listed in alphabetical order:Latin