The 12 sound practices emphasise the importance of organisation-wide AI governance and highlight considerations for managing risks throughout the AI lifecycle. The sound practices aim to promote coordination, cooperation and information-sharing among financial institutions, supervisors and other stakeholders, within and across jurisdictions, as AI adoption increases. The FSB strongly encourages the board and senior management of financial institutions to reference the sound practices when developing and refining their institution’s AI governance, risk management and control frameworks. The Financial Stability...

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Energy prices to rise 32% in 2026; food commodity prices to climb 18% in 2026–27 Commodity prices are set to rise 23% in 2026 as global shocks mount, according to the World Bank Group’s latest Commodity Markets Outlook, released today. The conflict in the Middle East has drawn down oil inventories and is set to push energy prices to a four-year high. Meanwhile, disrupted grain shipments and El Niño threaten harvests and food affordability. With oil stocks depleted, the world...

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IMF Blog post | Realizing tokenized markets’ potential depends on legal and regulatory clarity, greater interoperability, appropriate settlement assets, and financial stability safeguards to contain risks. The promise of tokenization is enticing: faster transactions, lower costs, broader access, and seamlessly operating markets. The reality, at least for now, is more complicated. Although growing rapidly, tokenized markets remain very small and fragmented. Yet investors are already showing interest in some of their key features, such as round-the-clock trading and fractional ownership...

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