FSB Commonwealth Of Independent States (CIS) Group Discusses Risks To Financial Stability Date 20/05/2021 The Financial Stability Board (FSB) Regional Consultative Group (RCG) for the Commonwealth of Independent States (CIS) held a virtual meeting today. Members had a productive discussion on a range of financial stability issues including: The effects of COVID-19 and temporary support measures adopted by advanced economies on RCG CIS members’ economies. The effectiveness of RCG CIS members’ respective support measures as well as the challenges in developing an exit strategy from these temporary measures when conditions allow. Strategies for dealing with Environmental, Social and Governance (ESG) risks, including in assessing their impact on financial stability.