FSB Sub-Saharan Africa Group Addresses Regional Financial Risks and Regulatory Updates

The Financial Stability Board's Regional Consultative Group for Sub-Saharan Africa met in Maseru, Lesotho, to discuss financial stability. Senior officials from regional central banks and financial authorities focused on global and regional vulnerabilities, economic fragmentation, and modernizing regulatory frameworks. Key topics also included climate-related data gaps, insurance protection, and the cybersecurity implications of AI and quantum computing, highlighting efforts to bolster regional financial resilience.