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<p><span>The Financial Stability Board (FSB) Regional Consultative Group (RCG) for Sub-Saharan Africa met in Dakar, Senegal. The FSB RCG for Sub-Saharan Africa would like to thank Governor Jean-Claude Kassi Brou and the BCEAO for hosting the meeting for the first time. </span></p>
<p><span>The Financial Stability Board (FSB) Regional Consultative Group (RCG) for the Americas met today in Toronto to discuss financial system vulnerabilities, recent banking sector turmoil, developments in crypto-asset markets, and financial risks from climate change. The RCG also held a seminar on cross-border payments.</span></p>
<p><span>The Financial Stability Board (FSB) Regional Consultative Group for Europe met today in London. The group discussed global and regional financial market developments and financial stability risks arising from decentralised finance (DeFi) and from climate change.</span></p>
<p><span>The Financial Stability Board (FSB) Regional Consultative Group for Asia (RCG Asia) met today in Cebu, Philippines. Discussions centred around recent financial market developments and their impact on the region, the role of non-bank financial intermediation (NBFI) in Asia and the development of an effective global regulatory framework for crypto-assets.</span></p>
<p><span>The Financial Stability Board (FSB) Regional Consultative Group (RCG) for the Middle East and North Africa (MENA) met today in virtual format.</span></p>