*FSB encourages broad and timely adherence to the ISDA IBOR Fallbacks Protocol

*FSB report highlights increased use of RegTech and SupTech

*The Riksbank, six other central banks and BIS in collaboration on principles for central bank digital currency CBDC

FSB encourages broad and timely adherence to the ISDA IBOR Fallbacks Protocol

News - Financial Stability Board

• Andrew Bailey, Governor of the Bank of England and Co-Chair of the Official Sector Steering Group, said “Finalisation of the ISDA Protocol is an important step in addressing the stock of legacy Libor-linked contracts ahead of end-2021.
• The FSB’s Official Sector Steering Group (OSSG) has engaged regularly with ISDA during the significant programme of work that it has undertaken since July 2016 to strengthen the robustness of derivatives markets as part of global benchmark reforms.
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FSB report highlights increased use of RegTech and SupTech

News - Financial Stability Board

• The Financial Stability Board (FSB) today published a report on the use of supervisory (SupTech) and regulatory (RegTech) technology by FSB members and regulated institutions .
• The report finds that technology and innovation are transforming the global financial landscape, presenting opportunities, risks and challenges for regulated institutions and authorities alike.
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The Riksbank, six other central banks and BIS in collaboration on principles for central bank digital currency CBDC

Notices from Sveriges Riksbank

• A group of seven central banks together with the Bank for International Settlements (BIS) today published a report identifying the foundational principles necessary for any publicly available CBDCs to help central banks meet their public policy objectives.
• The report, Central bank digital currencies: foundational principles and core features, was compiled by the Bank of Canada, the Bank of England, the Bank of Japan, the European Central Bank, the Federal Reserve, Sveriges Riksbank, the Swiss National Bank and the BIS, and highlights three key principles for a CBDC: