Legal News

FSB report suggests ways to enhance effectiveness of its six regional consultative groups

Published on: 04 February 2020
Published by LNB News

LNB News 04/02/2020

Document Information

Issue Date: 04 February 2020

Published Date: 04 February 2020

Jurisdiction(s): United Kingdom

Article summary

As part of its work to reinforce engagement with stakeholders, the Financial Stability Board (FSB) has completed a review of how to enhance the effectiveness of its six regional consultative groups (RCGs) as an outreach and feedback mechanism. Through the RCGs, the FSB engages with approximately 70 jurisdictions beyond its membership. The FSB and RCGs agreed a set of actions to encourage greater input from non-FSB member authorities into the FSB’s work and to further strengthen the effectiveness of RCG meetings.

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