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FSB Chair highlights AI and stablecoin risks in letter to G20

13 October 2026 · FSB

FSB Chair Andrew Bailey has written to G20 Finance Ministers and Central Bank Governors, highlighting risks from AI and stablecoins and introducing reports on regulatory modernisation and public sector backstop funding.

Points to Remember

  • Letter ahead of G20 meeting on 15 October
  • Highlights risks from AI, sovereign bond volatility, and private credit
  • Introduces reports on public sector backstop funding, regulatory modernisation, and AI adoption
  • FSB to continue work on AI and stablecoins next year

Why it matters

These global discussions may lead to future regulatory expectations for banks regarding AI governance and stablecoin exposures.

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