This report contains the FSB’s audited financial statements for the financial year 1 April 2020 to 31 March 2021. The report also details the FSB’s governance arrangements and its transparency and accountability mechanisms.

A detailed explanation of the activities undertaken to implement the mandate and tasks of the FSB is provided in the annual report on the implementation and effects of the G20 (post-2008 crisis) financial regulatory reforms, which will be published in November.