Scribd
Upload
64 views6 pages

International Financial Architecture Overview

This document outlines the global committee structure for international financial regulation and supervision. It shows the relationships between various committees, including the G-7, G-20, WTO, OECD, IMF, World Bank, FATF, Financial Stability Forum, Basel Committee on Banking Supervision, International Organization of Securities Commissions, and International Association of Insurance Supervisors. It then focuses on the Joint Forum, established in 1993 by the Basel Committee, IOSCO, and IAIS to address issues relating to financial conglomerates. The Joint Forum undertakes work at the request of the three sectoral committees and the Financial Stability Forum. Its work streams have included examining capital adequacy, supervisory gaps and overlaps, intra

Uploaded by

Suresh Devaraji
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPT, PDF, TXT or read online on Scribd
64 views6 pages

International Financial Architecture Overview

This document outlines the global committee structure for international financial regulation and supervision. It shows the relationships between various committees, including the G-7, G-20, WTO, OECD, IMF, World Bank, FATF, Financial Stability Forum, Basel Committee on Banking Supervision, International Organization of Securities Commissions, and International Association of Insurance Supervisors. It then focuses on the Joint Forum, established in 1993 by the Basel Committee, IOSCO, and IAIS to address issues relating to financial conglomerates. The Joint Forum undertakes work at the request of the three sectoral committees and the Financial Stability Forum. Its work streams have included examining capital adequacy, supervisory gaps and overlaps, intra

Uploaded by

Suresh Devaraji
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPT, PDF, TXT or read online on Scribd
You are on page 1/ 6

International Financial

Architecture

Global Committee Structure (a Regulators View)


G-7
(Govts)

G-20
(Fin. Mins.)

Direct Relationship
----

WTO

OECD

IMF/WB

(Govts)

(Govts)

FATF

Financial
Stability
Forum

(Money
laundering)

Indirect Relationship

IASB

Other accounting bodies


(IFAC. PIOB, etc.)

Bank for
Intl
Settlements
(Central Banks)

G-10

BCBS

IOSCO

IAIS

(Central Banks)

(Banking)

(Securities)

(Insurance)

CGFS

CPSS

Joint Forum

Joint Forum
1993 1995

Tripartite Group

workable definition of a conglomerate

1995 to date

Joint Forum

established by Basel, IOSCO & IAIS


regulators from banking, securities &
insurance
13 countries
Chair rotates between Basel, IOSCO & IAIS

Joint Forum
Original mandate focussed specifically on
financial conglomerates
Mandate later broadened to look at
issues of common interest across all three
sectors
Undertakes work at request of 3 sectoral
committees and, more recently, FSF

Joint Forum Work Streams (I)


Capital Adequacy of Conglomerates
Supervisory Gaps and Overlaps of
Conglomerates
Intra-group Transactions & Exposures
Risk Concentrations
Risk Management and Capital Regulation
Comparison of Core Principles

Joint Forum Work Streams (II)


Risk Integration and Aggregation
Operational Risk Transfer
Enhanced Disclosure
Credit Risk Transfer
Outsourcing Principles
Mapping Regulatory Differences
Liquidity Management
High-level Business Continuity Principles

You might also like