Tiff Macklem, Governor of the Bank of Canada and Chair of the FSB SCAV, highlighted systemic vulnerabilities in the financial system from non-bank financial intermediaries.
Bank of Korea Governor Chang Yong Rhee stated that Asia's role as the engine of global growth faces significant challenges from deglobalization, industrial policy shifts, and technological change.
John C. Williams, President and CEO of the Federal Reserve Bank of New York, discussed the US economic outlook and the Federal Reserve's dual mandate goals.
Federal Reserve Vice Chair Michelle W Bowman highlighted shortcomings in the current bank liquidity framework, arguing it fails to ensure true resilience.
De Nederlandsche Bank President Olaf Sleijpen emphasized the urgent need for greater European unity to strengthen resilience, boost growth, and maintain stability in an increasingly fragmented world.
The Central Bank of Solomon Islands has unanimously voted to maintain an accommodative monetary policy stance for the next six months.
The Financial Stability Board Chair reviewed progress on cross-border payments reform and outlined key actions needed to overcome remaining frictions.
Bank of England Governor Andrew Bailey called for intensified efforts to reform cross-border payments, highlighting the remaining challenges despite significant progress since the 2020 G20 Roadmap.
Carmen Chu, HKMA Executive Director (Banking Supervision), outlined the transformative impact of Distributed Ledger Technology (DLT) on banks.
South African Reserve Bank Deputy Governor Fundi Tshazibana called for urgent and coordinated climate action, highlighting the growing complacency amid structural shocks and policy divergence.
Governor Caroline Abel of the Central Bank of Seychelles highlighted the evolving money laundering and terrorist financing risks facing the nation's financial system.