G20 financial reforms: progress and challenges in post-GFC era

The Financial Stability Board (FSB) has warned that the G20's ambitious goals for enhancing cross-border payments are unlikely to be met by the 2027 deadline, calling for an urgent shift from international policy development to practical implementation at the jurisdictional level. https://lnkd.in/dqQTxb_i

🚨 MUST READ for Financial Regulation enthusiasts! 🚨 🚀 Stay informed with the latest in financial regulation! This week's update covers crucial developments across global, European, Spanish, and UK financial landscapes 🌍 A few key highlights from the publication: 📅 EBA publishes its work program for 2026 ⚖️ EBA report on the efficiency of the regulatory and supervisory framework 💰 EC presents a recommendation for a European Savings and Investments Account 🏦 BCBS publishes discussion outputs on several topics including G-SIB assessment 📈 BdE approves increasing CCyB to 1% for exposures located in Spain Read the full report on the BBVA Research website. Salvador Portillo Bustillo #FinancialRegulation #EBA #BCBS #ECB #BdE #PRA #FinCEN #CFTC #CapitalRequirements #Supervision #Liquidity #FinancialStability #Banking #EUFinance #SpainFinance #UKFinance #USFinance #BBVAResearch

FSB G20 Roadmap for Enhancing Cross-border Payments - Consolidated progress report for 2025 - The Financial Stability Board 9 October 2025

In economies affected by hyperinflation, traditional financial reporting may no longer reflect the true economic reality. IAS 29 provides the framework for restating financial statements to ensure that they remain comparable, transparent, and relevant. By adjusting figures to reflect the current purchasing power of money, this standard safeguards the integrity and usefulness of financial information in volatile environments. #bakertilly #bakertillycentralafrica #nowfortomorrow

H.E. the #Saudi Minister of Finance and Chair of the International Monetary & Financial Committee Mohammed Aljadaan during the #IMFC Press Conference: "We need to work closely together to adopt sound policies that foster confidence, build resilience, and safeguard macroeconomic and financial stability.” ‏‎‏#AnnualMeetings

Corporate Financier’s Notes: Insight of the Day - The current trailing 5-year annualised total return on S&P 500 is 16%; at the end of 1997 it was 20%, at the end of 1998 - 24%. (CNBC) #CFNInsight #CorporateFinanciersNotes

What happens with CFIUS during a government shutdown? The headlines: • The CFIUS clock on any transaction is tolled during a shutdown, but mandatory filings still must be made. • Most, if not all, of Treasury’s CFIUS staff may continue to work during the government shutdown, allowing some progress to be made on transactions under review, though not all agencies will necessarily be similarly staffed. • However, CFIUS is unlikely to issue any approvals until after the government shutdown ends. See our blog post linked below for further details, including specific steps for transaction parties before CFIUS (or with mitigation agreements).

✅👌 What happens with CFIUS during a government shutdown? “Depending on the particulars of the transaction and any feedback from CFIUS, parties may also consider whether waiver of a CFIUS closing condition is an acceptable option. “

The IRSG has today published a new Global Regulatory Coherence Dashboard to map the extent of global alignment or divergence in financial regulations across key policy areas affecting UK-based financial and related professional services.   The Dashboard highlights both priority areas, such as sustainable finance and operational resilience, where the UK can continue to show its global leadership in promoting regulatory coherence as well as areas of fragmentation or divergence, such as digital assets and data flows, where greater attention or new approaches are required.   As a major global financial hub, the UK has significant interest in promoting coherence in the international regulatory environment. This work is intended to support the objective set out in HM Treasury’s Financial Services Growth and Competitiveness Strategy of “upholding and shaping international financial regulatory norms and standards.”   📖 Read the full report here: https://lnkd.in/eB2gkH6J

Forward to the 38th Global Financial Centres Index I was pleased to be able to contribute the Forward to the recent publication of the 38th survey of global financial centres. It is great to see that London is near the top, continuing to vie with New York, but a quick look at the other centres on the list provides a clue to how the future financial landscape might look. The 38th edition of the Global Financial Centres Index (GFCI 38) was published on September 25th GFCI 38 rates 120 financial centres across the world combining assessments from financial professionals with quantitative data which form instrumental factors. GFCI 38 uses 28,549 financial centre assessments collected from 4,877 financial services professionals who responded to the GFCI online questionnaire. The GFCI is updated regularly, and ratings change as assessments and instrumental factors change. https://lnkd.in/e94cnbcz #competitiveness #bankingandfinance #financialregulation #finance #cityoflondon #WCIB