Big tech and fintech companies’ expansion could lead to market dominance, a report says
Paper examines the long-term fallout from massive government support
The combination of leverage with rising real estate and other asset valuations is a vulnerability
Policymakers advised to start considering measures before threat materializes
As central bank balance sheets swelled, non-banks were overshadowed
Most temporary pandemic relief has been allowed to expire
Systemic risk to the industry remains, as crisis response measures have created vulnerabilities
Group calls for harmonized incident reporting to counter rising risk
Group sets targets for improving cost, speed, transparency
FSB proposals aim to address weaknesses revealed by extreme market stress