FSB Regional Consultative Group for the Americas meets in Grand Cayman

The Financial Stability Board (FSB) Regional Consultative Group for the Americas (RCG Americas) met on 19-20 May 2026 in Grand Cayman, hosted by the Cayman Islands Monetary Authority. The meeting brought together senior officials from central banks, financial authorities, and regulatory bodies across the Americas region to discuss key financial stability topics. The meeting was co-chaired by Lisa D. Cook, Governor, US Federal Reserve Board, and Jide Lewis, Deputy Governor of the Bank of Jamaica. It covered global and regional financial vulnerabilities, as well as FSB work priorities for 2026, with a particular focus on operational resilience, including cyber risks, jurisdictional action plans for cross-border payments, and regulatory and supervisory modernisation. Members also discussed nonbank activity in sovereign bond markets and ways to address data challenges associated with monitoring these activities.