FSB SG speech on cross-sectoral resolution interconnections
FSB Secretary General John Schindler delivered a speech on cross-sectoral interconnections in resolution planning, emphasizing collaboration and preparedness.
The FSB highlights the need for resolution frameworks to address interconnections across banking, insurance, and non-bank sectors. It signals evolving supervisory expectations for firm-level resolvability assessments and cross-authority coordination in resolution scenarios.
Shapes resolvability expectations for G-SIBs and non-bank financial institutions with cross-sectoral exposures.
Action Required
Review resolution and recovery plans for cross-sectoral dependencies and update playbooks accordingly.
FSB signaling on resolution planning drives forward supervisory expectations and firm resolvability workstreams.
Reassess resolution plans for interconnections across banking, insurance, and non-bank activities. Coordinate with resolution authorities and update playbooks to reflect FSB emphasis on cross-sectoral preparedness.
“FSB Secretary General John Schindler highlights the importance of resolve in resolution planning, emphasising collaboration and preparedness in maintaining financial system resilience.”
Published: 2026-07-09