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IncreasingLow2026-07-08

FSB highlights cross-sectoral crisis preparedness at ReSolve 2026

MarketsSpeechGeneral RegulatoryCross-JurisdictionalGlobalConf: Medium
Regulatory Event

FSB Resolution Steering Group Chair Dominique Laboureix delivered opening remarks emphasizing cross-border, cross-sectoral crisis preparedness at the FSB 2026 ReSolve event.

Analysis

The FSB is signaling heightened focus on interconnections between banking, insurance, and non-bank financial sectors in resolution planning. This suggests forthcoming supervisory expectations for firms to demonstrate readiness for shocks propagating across sectors and borders, beyond traditional single-entity resolution scope.

Relevance

Signals evolving FSB expectations on resolvability that extend beyond banks to capture NBFI and insurance interlinkages relevant to G-SIFI planning.

Required Action

Action Required

Review resolution planning frameworks to address cross-sectoral interconnections and update crisis playbooks for multi-sector contagion scenarios.

Justification

FSB resolution policy direction directly shapes national resolution regimes and cross-border cooperation arrangements for large financial institutions.

Control Commentary

Monitor FSB Resolution Steering Group outputs; assess whether current recovery and resolution plans adequately capture cross-sectoral dependencies and update scenario testing to reflect multi-sector stress.

Source

In this speech, Dominique Laboureix, Chair of the FSB Resolution Steering Group, discusses the importance of cross-border, cross-sectoral crisis preparedness.

RH-2026-07-10-015