The October 2023 edition of the Global Regulatory Update provides targeted updates on current workstreams and events. IIF Feedback on the FSB Evaluation of the G20 Securitisation Reforms October 18, 2023 On September 22nd, we submitted to the FSB our member feedback on the FSB’s project ...
China will always be a member of the Global South, a reliable long-term partner of fellow developing countries, and a doer and go-getter working for the cause of global development. A single flower does not make spring. China wants to see a hundred flowers in full blossom and will go ha...
G20 adopts IMF-FSB Synthesis Paper on crypto regulation Oct 13, 2023 byDavid Attlee The Group of Twenty accepted the regulatory roadmap proposed in a joint Synthesis Paper of the International Monetary Fund and the Financial Stability Board. ...
On 12 July 2023, the OECD released an outcome statement reflecting the agreement reached by 138 of the 143 Inclusive Framework member jurisdictions on the remaining elements of their project addressing the tax challenges of the digitalization of the economy (the BEPS 2.0 project).9 The July 20...
This graphic shows the largest export market for each G20 member, based on the share of the goods exported. Data was sourced from The Observatory of Economic Complexity, as of 2022.Who Does the G20 Export To?Interestingly, the U.S. and China were the primary export destinations for an ...
Swift already exceeds the G20 target on speed for processing on our own network, and we are well on track towards meeting the other targets. The G20 roadmap to enhance international payments recognises the critical role these transactions play in the growth of the global economy – and how ...
Xi will hold talks with Panamanian President Juan Carlos Varela to exchange views on issues of common concern and map out future cooperation, Qin said. The two sides will sign cooperation documents on e-commerce, service trade, infrastructure, economic and trade exhibition, maritime transport, finan...
In a social media message, she said, “India’s G20 Presidency theme, ‘Vasudhaiva Kutumbakam – One Earth, One Family, One Future, is a global roadmap for sustainable, inclusive, and human-centric development”. “I wish the participants of the G20 Summit every success in their efforts...
If China had intended the new maps to convey its dominant status as the emerging world power it may have had the opposite effect which saw a rare display of unity from the region and beyond. The US State Department called the claims reflected on the map "unlawful". The map put out in ...
She will seek to build G20 support for an "equi-proportional" increase in IMF quota funds paid-in by member countries, which would increase IMF lending resources, but not immediately change its shareholding structure. At the briefing, Yellen said there was significant progress ...