FSB sets out framework for monitoring implementation of financial reforms

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The Financial Stability Board (FSB) has established a Coordination Framework for Implementation Monitoring (CFIM), to strengthen the co-ordination and effectiveness of the monitoring of member countries' implementation of agreed G-20/FSB financial reforms.

The CFIM was created in collaboration with relevant standard-setting bodies, who are also working on policy development work in key areas critical for strengthening global financial stability.

There are four main objectives of the FSB CFIM. Th

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