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Strengthening Financial Regulation

Strengthening Financial Regulation



Financial Regulatory reform is an on-going agenda and it has been a core issue in past G20 summits. The broad contours of the international initiatives spearheaded by the G20 on regulatory reform rest on four broad pillars:  (i) regulation; (ii) supervision; (iii) resolution (particularly G-SIFIs), and (iv) assessment of the implementation of new standards. The progress is being reviewed regularly in G 20 meetings through a ‘traffic lights’ template developed by the FSB.