CIGI Research Fellow David Kempthorne is attending this two-day meeting in Basel, Switzerland focused on strengthening transparency, accountability and participation in global financial rule-making. The meeting convenes experts from civil society for an intensive workshop and to meet with staff from the Financial Stability Board (FSB) for a face-to-face dialogue.
The workshop has 3 key objectives:
1) Introduce participants to one another, and together, develop recommendations for FSB
2) Breakout sessions on specific topics* between participants and relevant FSB staff where recommendations can be shared and participants can ask “tough” questions.
3) Report on breakout sessions; and develop a preliminary “impact assessment” of FSB work
This workshop is part of the broader initiative “FSB Watch” which tracks decision-making at the FSB and assesses how its actions or inactions impact the real economies in developing countries. Partners in the initiative met in Basel last year for a similar workshop and contributed to the FSB chapter in the 2013 Global Financial Governance & Impact Report.
David Kempthorne is a Research Fellow in CIGI's Global Economy program. His research focuses on financial regulatory reforms and the international financial regulatory institutions involved in this process, with an emphasis on the Financial Stability Board.