The Financial Regulatory Working Group has published a joint statement on its meeting on 20 May. The meeting focussed on seven key themes:
- international and bilateral cooperation;
- sustainable finance;
- updates on domestic initiatives and priorities;
- benchmark transition;
- cross-border regimes;
- operational resilience; and
- banking and insurance.
Participants identified follow-up work for the Working Group on the above topics and other priority issues. Participants will continue to engage bilaterally on the above topics (as well as others of mutual interest) ahead of the next Working Group meeting, which is expected to take place in the autumn of 2021.