IRSG Report – Global Regulatory Coherence within Financial Services

Published 25/09/2018

The Global Regulatory Coherence within Financial Services report makes the case for on-going industry-led dialogue, and outlines how the IRSG intends to refocus its activity to support the sector’s influence on the global regulatory agenda.

The publication makes two key recommendations:

  • That the UK Government, regulators and industry should enhance engagement at the global level, playing a leading role in shaping global financial architecture;
  • The IRSG form a standing committee on global regulatory architecture to set out an approach that enables financial services firms to engage in a coordinated and strategic way with global institutions and standard setters to support the creation of the appropriate level of regulatory coherence.

The report was developed by the IRSG International Regulatory Strategy Group’s Regulatory Coherence Workstream.