The Financial Stability Board (FSB) is an international organisation established in 2009 to promote global financial stability. Operating as an independent body, the FSB collaborates with G20 nations and international financial institutions to develop and implement policies and practices that contribute to the resilience of the international financial system.

The primary focus of the FSB is to identify and address vulnerabilities in the global financial system. It conducts regular assessments of potential risks and issues recommendations to mitigate these risks. The FSB aims to enhance transparency, financial regulation, and supervision to prevent and manage financial crises.

The key goals of the FSB include fostering international cooperation, developing and implementing financial policies and standards, and promoting the implementation of effective regulatory and supervisory frameworks across jurisdictions. The organisation strives to achieve a more robust, resilient, and sustainable global financial system.

The FSB is led by a plenary, which consists of representatives from its member jurisdictions, international financial institutions, and central banks. It also has a standing committee, chaired by the FSB Chair, that oversees its work. The FSB Secretariat, based in Basel, Switzerland, supports its day-to-day operations.

While the primary focus of the FSB is on financial stability, it recognises the importance of sustainable finance in achieving long-term stability. The FSB has engaged in discussions about the implications of climate-related risks for financial stability, emphasising the need for consistent disclosure of such risks and encouraging the development of international standards.

The FSB provides a wealth of resources, including reports, policy recommendations, and guidelines related to financial stability. These resources are valuable for policymakers, financial institutions, and other stakeholders seeking insights into global financial risks and best practices.