The Chairman of the Financial Stability Board has reported to the G20 Finance Ministers and Central Bank Governors on progress in the financial regulatory reform programme and has published the following documents:

  1. A letter by the FSB Chair to the G20 reporting on the solid progress being made in financial reforms, including in the following priority areas:
    • building resilient financial institutions;
    • ending “too big to fail”;
    • strengthening the oversight and regulation of shadow banking activities; and
    • creating continuous core markets by completing OTC derivatives and related reforms.
  2. A summary of FSB member jurisdictions’ declared regulatory approaches to achieving the G20 commitment that all standardised OTC derivatives be centrally cleared.
  3. A roadmap for authorities and market participants to implement the FSB’s Principles for reducing reliance on CRA ratings.
  4. A Charter for the Regulatory Oversight Committee of the global legal entity identifier (LEI) system, together with a progress report on the development of the global LEI system.

All of the above are available on the FSB website.