News Snapshot:
[email protected] Ref no: 9/2021 The Financial Stability Board (FSB) Regional Consultative Group (RCG) for Asia held a virtual meeting today to discuss vulnerabilities and financial stability issues affecting Asia and the impact of the COVID-19 pandemic on the region. Members discussed global and regional macroeconomic and financial market developments, including risks to financial stability arising from the COVID-19 pandemic and the challenges in managing the recovery in an environment where an uneven pace of recovery across regions could have spillover effects to Asia. Members exchanged views on some of the preliminary lessons learnt from the pandemic, as well as...
