General Information & Client Service
  • Americas: +1.212.553.1653
  • Asia: +852.3551.3077
  • China: +86.10.6319.6580
  • EMEA: +44.20.7772.5454
  • Japan: +81.3.5408.4100
Media Relations
  • New York: +1.212.553.0376
  • London: +44.20.7772.5456
  • Hong Kong: +852.3758.1350
  • Tokyo: +813.5408.4110
  • Sydney: +61.2.9270.8141
  • Mexico City: +001.888.779.5833
  • Buenos Aires: +0800.666.3506
  • São Paulo: +0800.891.2518
February 20, 2018

At an FSB workshop in London, Dietrich Domanski, the FSB Secretary General, outlined the planned sessions on evaluating the effects of the financial regulatory reforms on financing for infrastructure investment. In the opening remarks, he offered an overview of the G20 post-crisis reforms, described the FSB approach to dynamic and effective implementation of reforms, and outlined the focus of the workshop on possible effects of the G20 regulatory reforms on infrastructure investment.

Mr. Domanski explained that careful evaluation of the effects that financial reforms have once they have been implemented is the centerpiece of the approach of FSB to reform implementation. "During 2017, FSB began its first two ex-post evaluations, working closely with the global standard-setting bodies. The first is a review of the incentives to centrally clear OTC derivatives. The second is the topic of today’s workshop; an evaluation of the effects of reforms on financial intermediation. This evaluation has two parts. By the Argentine G20 Leaders’ Summit in November 2018, we [FSB] will evaluate the effects of reforms on financing of infrastructure investment. The second component, which will continue into 2019, will examine financing for small- and medium-size enterprises."

He then noted few of the potential factors that influence the financing and delivery of infrastructure projects: the need for improvements in property rights and legal certainty, the need for more "investable" projects, or a lack of standardization in the terms of infrastructure financing. Against this backdrop, the overarching question, according to Mr. Domanski, is whether, and if so, how, financial regulation affects infrastructure finance. As outlined by the FSB Secretary General, two sessions at the workshop were expected to discuss this question for different stages of the infrastructure finance lifecycle. Before that, the morning sessions were expected to provide context on the trends in infrastructure finance and background on the work of FSB on the effects of reforms. FSB also planned to seek views on the qualitative survey it will launch in March. The survey will inform its evaluation work, which will, in turn, feed into the annual report for G20 Leaders that will be published in November 2018. Finally, he emphasized that FSB aims for a well-regulated, open, and integrated global financial system. 


Related Link: Speech (PDF)

Keywords: International Securities OTC Derivatives Regulatory Reforms, FSB

Related Insights

BCBS Finds Liquidity Risk Management Principles Remain Fit for Purpose

BCBS completed a review of its 2008 Principles for sound liquidity risk management and supervision. The review confirmed that the principles remain fit for purpose.

January 17, 2019 WebPage Regulatory News

HKMA Urges Local Banks to Start Working on FRTB Implementation

HKMA announced that it plans to issue a consultation paper on the new market risk standard in the second quarter of 2019.

January 17, 2019 WebPage Regulatory News

EBA Finalizes Guidelines for High-Risk Exposures Under CRR

EBA published the final guidelines on the specification of types of exposures to be associated with high risk under the Capital Requirements Regulation (CRR). The guidelines are intended to facilitate a higher degree of comparability in terms of the current practices in identifying high-risk exposures.

January 17, 2019 WebPage Regulatory News

MAS Guidelines on Risk Mitigation Requirements for OTC Derivatives

MAS published guidelines on risk mitigation requirements for non-centrally cleared over-the-counter (OTC) derivatives contracts.

January 17, 2019 WebPage Regulatory News

BoE Publishes the Schedule for Statistical Reporting for 2019

BoE published the updated schedule for statistical reporting for 2019. The reporting institutions use the online statistical data application (OSCA) to submit statistical data to BoE.

January 16, 2019 WebPage Regulatory News

PRA Delays Final Direction on Reporting of Private Securitizations

PRA and FCA have delayed the issuance of final direction, including the final template, on reporting of private securitizations, from January 15, 2019 to the end of January 2019.

January 15, 2019 WebPage Regulatory News

SNB Updates Forms on Supervisory Reporting for Banks

SNB published Version 1.7 of reporting forms (AUR_U, AUR_UEA, AUR_UES, AURH_U, AUR_K, AUR_KEA, and AURH_K) and the related documentation for supervisory reporting on an individual and consolidated basis.

January 15, 2019 WebPage Regulatory News

BCBS Finalizes Market Risk Capital Framework and Work Program for 2019

BCBS published the final framework for market risk capital requirements and its work program for 2019. Also published was an explanatory note to provide a non-technical description of the overall market risk framework, the changes that have been incorporated into in this version of the framework and impact of the framework.

January 14, 2019 WebPage Regulatory News

EBA Single Rulebook Q&A: First Update for January 2019

EBA published answers to 13 questions under the Single Rulebook question and answer (Q&A) updates for this week.

January 11, 2019 WebPage Regulatory News

PRA Proposes to Amend Supervisory Statement on Credit Risk Mitigation

PRA published the consultation paper CP1/19 that is proposing changes to the supervisory statement (SS17/13) on credit risk mitigation.

January 10, 2019 WebPage Regulatory News
RESULTS 1 - 10 OF 2473