The Financial Stability Council is considering assessing the vulnerability of the foreign exchange derivatives market this year.

Amid increasing volatility in the foreign exchange market, top global financial stability oversight bodies are considering conducting a detailed study on foreign exchange derivatives this year to address new vulnerabilities. The Financial Stability Board (FSB) annual report released on Tuesday said that a report on private credit will also be completed this year, with the possibility of further research in this area. The FSB also plans to conduct research on non-bank lending and cryptocurrency assets by 2026.