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G20 watchdog sets 2026 priorities: stablecoins, private credit & AI valuations under spotlight
FSB sets tighter global rules on stablecoins, private credit and AI-linked valuations as G20 agenda grows.
The Financial Stability Board (FSB) announced its 2026 work-programme, focusing on modernising global financial regulation ahead of the next G20 chair-ship. Key priorities include aligning rules for stablecoins, scrutinising the rapid growth of private-credit markets and monitoring valuation risks in AI-linked equities.
The FSB highlighted that highly-leveraged non-bank entities now play a large role in debt markets and that cross-border regulatory gaps remain a concern.