G-20 working groups release final reports
The four working groups of the G-20 summit have issued their final reports
LONDON - The G-20's working groups have issued their four final reports on aspects of transparency, regulation, international co-operation and the reform of the International Monetary Fund, World Bank and multilateral development banks.
The first report looks at sound regulation and strengthening transparency, and includes recommendations to address the causes and lessons of the financial crisis. These include calls for a system-wide approach to regulation and recommendations for the scope of regulation. Other chapters cover rating agencies oversight, private capital, transparency of regulatory regimes, pro-cyclicality, capital, liquidity, structures for over-the-counter derivatives, remuneration, accounting, transparency, enforcement and assistance for developing countries.
The second paper focuses on reinforcing international co-operation and promoting integrity in financial markets. It outlines intermediate and medium-term recommendations for action to strengthen supervisory and regulatory co-ordination, the role of international bodies, and the preservation of market integrity.
The third paper looks at the reform of the IMF: the adequacy of its resources, a review of lending instruments, greater representation for developing nations, and a review of the IMF mandate and reforms.
The fourth paper contains an action plan for reforming multinational development banks, with common principles for reform, crisis instruments, resources and capital adequacy, and governance reforms.
The reports may be downloaded from this page.
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe
You are currently unable to print this content. Please contact info@risk.net to find out more.
You are currently unable to copy this content. Please contact info@risk.net to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@risk.net
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@risk.net
More on Regulation
SEC streamlines overhaul of stock trading rules
Tick size and access fee rules simplified from first draft, but Peirce still questions rationale
Supervisors use generative AI to tame ‘chaotic’ data
Officials merge credit databases with unstructured reports to sharpen bank oversight, explains Banco de España ex-deputy
EU banks fear loss of NSFR repo relief
European Commission must decide by next June; other jurisdictions adopted softer calibration
Running the numbers on Barr’s Basel III endgame revisions
Fed vice-chair’s plan to ease capital requirements for big banks still lacks critical details
Endgame manoeuvre: US banks put SLR reform back in spotlight
Plan to ease Basel III brings renewed focus to impact of leverage ratio on US Treasury market
Regulators want to fix AT1s. Investors want restraint
Tweaking the instrument that regulators love to hate may be the only way to prevent its abolition
More disclosure touted to temper pre-hedging ills
Transparency could help investors choose a dealer, but will they use the disclosures?
Fed’s Basel III rollback gives clearing units a capital break
Client-cleared trades will be exempt from CVA charges and G-Sib surcharge calculations, says Barr