The support of Ministers and Governors is essential to completing the core of the G20’s programme of fundamental reform of the global financial system during the Australian Presidency. In particular in three areas: (i) ending too-big-to-fail, ii) transforming shadow banking to transparent and resilient market-based financing, and (iii) making derivatives markets safer.
Reports to the G20
11 April 2014
FSB Chair reviews what remains to complete the core elements of reform, and then outlines the characteristics of financial supervision and regulation needed to realise fully the benefits of an open, integrated global financial system.
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