Beyond the Financial Stability Report |16 July 2025

Amy Souris

FSC lays groundwork for climate, AI, and cyber risk oversight

By Sunny Esparon

In line with the financial stability oversight mandate provided for by the Financial Stability Act 2023, the Financial Stability Committee undertook a number of activities during the period under review, the main one being to finalise a memorandum of understanding for the exchange of work between the members of the committee.

This was announced by the chairperson of the Financial Stability Committee (FSC), Governor Caroline Abel, who led a press conference yesterday morning at Liberty House, to talk about the 2024 Financial Stability Report that she presented to President Wavel Ramkalawan at State House in June.

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