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
Investors, lenders can't yet properly price climate risks, report says
Group proposes "same risk, same regulation" approach to oversight
The global policy group recognized progress, but also called for more work to tackle financial-sector climate threat
Weaknesses hidden by the pandemic response may now emerge as economic conditions degrade
The FSB says the crypto sector must face the same rules as traditional financial markets
IOSCO task force aims to have policy recommendations by end of 2023