Sector faces all the risks of traditional finance, amplified by its own inherent vulnerabilities
Non-banks' share of global assets rose in 2021, led by investment funds
Policymakers call for enhanced liquidity management measures
IAIS process for addressing systemic risk replaces FSB's annual exercise
Central counterparties, insurers require resolution-planning improvements
Sustainable Finance Task Force ready to rule on ISSB disclosure standards, carbon markets
Efforts to sketch scenarios don't capture tail risks, FSB analysis warns
Recent economic and financial market developments are exacerbating policy dilemmas
High debt, tighter conditions, geopolitical threats could reveal vulnerabilities, FSB warns
Combating liquidity stress is a key focus