
Financial Stability Board
The Financial Stability Board (FSB) is an international organization established after the 2008 financial crisis to promote global financial stability. It brings together major economies and institutions to monitor and assess vulnerabilities in the financial system. The FSB develops guidelines and recommendations to strengthen regulation, enhance transparency, and improve risk management among financial institutions. By coordinating policies across countries, the FSB aims to reduce the risk of future financial crises, ensuring that the global economy remains stable and can withstand shocks.