The FSB will submit a consultative report to the G20 Finance Ministers and Central Bank Governors in April 2020, anda final report in July 2020. Prepared by Staff of the . G20 Finance Ministers and Central Bank Governors Meeting, Washington D.C. (October 17-18, 2019) G20 Press Release on International Taxation G20 Press Release on Global Stablecoins Reports and Documents Received regarding the Global Stablecoins

The Following executive summary is from a note by the Staff of the IMF prepared for the June 8-9, 2019 G-20 Finance Ministers and Central Bank Governors' Meetings in Fukuoka, Japan. Summary of Discussions From The G20 AI Dialogue in 2020, Policy Options to Support Digitalization of Business Models during COVID-19​, G20 Forward-looking Options for Enabling Pathways for Universal Access to Energy​, Annex I - G20 Guidelines for Inclusive Community Development Through Tourism​, AlUla Framework for Inclusive Community Development Through Tourism, Annex II - G20 Guidelines for Action on Safe and Seamless Travel​, Safe and Seamless Travel and Improved Traveler Experience report, Annex III - G20 Tourism Working Group Terms of Reference, COVID-19 Crisis: Implications for Trade and Investment​, 18 July 2020:Communiqué of Finance Ministers & Central Bank Governors – Virtual Meeting​, 15 April 2020: Communiqué of Finance Ministers & Central Bank Governors – Virtual Meeting​ ​, 06 March 2020: Statement on COVID-19, Finance Ministers & Central Bank Governors, 22-23 February 2020: Communiqué of Finance Ministers & Central Bank Governors – Riyadh, Saudi Arabia. Financial sector policy can help support stability by mitigating risks from high leverage in many sectors and vulnerabilities in non-bank financial institutions. Global growth appears to be stabilizing, and is generally projected to pick up moderately later this year and into 2020. The FSB is submitting an issues note on global stablecoins to the October 2019 G20 Finance Ministers and Central Bank Governors meeting. Multilateral policies are necessary to help address global challenges.

Read the Full Text. The report sets out FATF’s ongoing work to fight money laundering and terrorist financing, and in particular in the following areas: The report provides an overview of the FATF’s recent and future work in these areas. G20 Summits • 2019 Osaka Summit G20 Finance Meetings. Monetary and fiscal stimulus in China may delay the adjustment to more sustainable growth and add to risks in the medium term. Should downside risks materialize, a more accommodative policy mix would be warranted. The Following executive summary is from a note by the Staff of the IMF prepared for the June 8-9, 2019 G-20 Finance Ministers and Central Bank Governors' Meetings in Fukuoka, Japan. Structural reforms should lay the foundation for stronger, more inclusive growth. Against this backdrop, major central banks appropriately slowed the pace of monetary policy normalization, leading to an easing of financial conditions and some recovery of capital flows to emerging markets. With the global economy remaining at a delicate juncture, the policy mix must be carefully calibrated. 2019 Progress Report on Tax Certainty IMF and OECD(PDF:1536KB) PCT Progress Report 2018-2019 Platform for Collaboration on Tax (IMF, OECD, UN and WBG)(PDF:1809KB) Financial Regulation. Chair’s letter to G20 Finance Ministers and Central Bank Governors FSB; Progress report on implementation of G20 reforms FSB G20 Meetings of Finance Ministers and Central Bank Governors and Deputies Official Documents. Amid softness in many parts of the world, global growth for 2019 was revised down in the April 2019 World Economic Outlook, partly reflecting idiosyncratic temporary factors and weakness in stressed economies.

International cooperation is also needed to reform the system for taxing multinational enterprises, complete post-crisis regulatory reforms, strengthen the global financial safety net, and mitigate and adapt to climate change. June 8-9, 2019. Fukuoka, Japan .

I N T E R N A T I O N A L M O N E T A R Y F U N D * *Does not necessarily reflect the views of the IMF Executive Board Emerging market economies need to remain vigilant to reduce vulnerabilities to international capital flow volatility.

G20 Finance Ministers and Central Bank Governors Meeting Fukuoka, Japan, June 9, 2019.
Paris, 8 April 2019 - The FATF published its report to the April 2019 G20 Finance Ministers and Central Bank Governors' meeting.

Trade tensions could persist or further escalate, and Brexit might end up being disorderly. Paris, 8 April 2019 - The FATF published its report to the April 2019 G20 Finance Ministers and Central Bank Governors' meeting. Amid varying degrees of fiscal space, fiscal policy must balance the trade-offs between protecting the recovery and the most vulnerable and ensuring sustainability. The outlook remains wanting over the medium term. Monetary policy needs to stay accommodative until incoming data confirm inflationary pressures toward targets. Meanwhile, financial vulnerabilities continue to accumulate amid still-low interest rates in advanced economies, leaving many economies exposed to a sudden shift in financial conditions. Our website uses cookies to make your browsing experience better. Implementing structural reforms today will also help lift growth in the event of a downturn. Annex A. G20 Member Countries and Guest Countries Compendium on CCE related initiatives, Inclusive Community Development Through Tourism, 18 July 2020:Communiqué of Finance Ministers & Central Bank Governors – Virtual Meeting​ ​​. This would include making use of conventional and unconventional monetary policy and fiscal stimulus—where space is available. To access the communiqué and related annexures from the first 1st Finance Ministers and Central Bank Governors Meeting (22-23 February 2020), scroll down to Finance Track.

Communiqué. G-20 policymakers cannot be content with rates of GDP growth, which—in per capita terms—remain below historical averages for many countries, as aging and low productivity growth take their toll. The expected recovery comes with downside risks. In particular, questions remain about the strength of the recovery, as the impact of temporary setbacks and stresses could be felt for longer than expected. Going forward, the current forecast is for global growth to increase slightly from 3.3 percent this year to 3.6 percent in 2020.
See also Summits • Other Ministerial Meetings See also Plans and Preparations for the G20 Summit (prepared by the G20 Research Group). Sign up to receive free e-mail notices when new series and/or country items are posted on the IMF website. Financial Sector Assessment Program (FSAP), Public Sector Debt Statistics Online Centralized Database, Currency Composition of Official Foreign Exchange Reserves, Blog by Christine Lagarde: How to Help, Not Hinder Global Growth. FATF Report to G20 Finance Ministers and Central Bank Governors - April 2019.

Download: 2020 G20 Presidency Agenda Documents from meetings throughout the year . Alongside, macroeconomic policy space to respond to shocks is limited in many G-20 economies.

Group of Twenty IMF Note — Finance Ministers and Central Bank Governors' Meetings G-20 Surveillance Note.

Recent data releases suggest that growth may have firmed up in the first quarter. The report sets out FATF’s ongoing work to fight money laundering and terrorist financing, and in particular in the following areas: Strengthening the institutional basis, governance and capacity of FATF A key priority should be to create a more open, stable, and transparent trade system, including by durably resolving current trade tensions. Additional stimulus would be most effective if well-coordinated domestic policies are part of an internationally synchronized policy response. Policymakers should avoid any hastened removal of policy support. At the same time, global imbalances persist, and continued inequality points to further room for sharing more widely the gains from trade and technological progress. G20 Finance Ministers and Central Bank Governors Meeting This gathering is one of eight ministerial meetings taking place in Japan alongside the 2019 G20 Summit. FATF Report to G20 Leaders' Summit - November 2018, FATF Report to G20 Finance Ministers and Central Bank Governors - July 2018, FATF Report to G20 Central Bank Governors and Finance Ministers, March 2018, FATF Report to G20 Leaders’ Summit, July 2017, FATF Report to the G20 on Beneficial Ownership, October 2016, Terrorist Financing: FATF Report to G20 Leaders - actions being taken by the FATF, November 2015, Restricted access for FATF Delegates only, FATF Report to G20 Finance Ministers and Central Bank Governors, Strengthening the institutional basis, governance and capacity of FATF, FATF’s work programme on virtual currencies/crypto assets, Countering the financing of proliferation of weapons of mass destruction, Improving transparency and the availability of beneficial ownership information, Improving the effectiveness of the criminal justice system: FATF engagement with judges and prosecutors, Financial Technologies, Regulatory Technologies: Digital Identity. By using our site your agree to our use of cookies. Priorities for the G20 finance track in … Global cooperation can mitigate risks and support growth.


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