On September 22, 2015, the FSB published three reports that had been provided to the G20 Finance Ministers and Central Bank Governors ahead of their meetings in September this year. The reports are:
- The Sixth Progress Report by the FSB and the International Monetary Fund on the Implementation of the G-20 Data Gaps Initiative which states that the set of 20 recommendations to close the data gaps identified following the global financial crisis, known as the first phase, should be completed by end 2015/early 2016. A proposal for a second phase of the initiative aims at compiling and disseminating increasingly consistent datasets across the G-20 economies and provides for a five-year implementation horizon for completion. The data gaps initiative was set up to support enhanced policy analysis.
- The Joint Progress Report by the FSB, IMF and Bank for International Settlements on foreign currency exposures: the work seeks to address data gaps involving FX exposures so as to prepare for improved assessments of cross-border risks and analyze the vulnerabilities arising from such exposures. The work requires building on existing data initiatives and heavy coordination between the FSB, IMF and BIS.
- The FSB Final Report on Corporate Funding Structures and Incentives, which examines the factors that shape the liability structure of corporates focusing on the implications for financial stability.
The Sixth Progress Report on the G20 Data Gaps Initiative is available at: http://www.financialstabilityboard.org/wpcontent/uploads/The-Financial-Crisis-and-Information-Gaps.pdf.
The Joint Progress Report on FX Exposures is available at: http://www.financialstabilityboard.org/wpcontent/uploads/Work-on-Foreign-Currency-Exposures.pdf.
The Report on Corporate Funding Structures is available at: http://www.financialstabilityboard.org/wpcontent/uploads/Corporate-funding-structures-and-incentives.pdf.