In November, we will deliver to the G20 Summit, and publish, our holistic review of the COVID Event. The report will provide a diagnosis of the shock from a financial stability perspective, including how it was absorbed and amplified. The report also will identify areas where policy consideration may be warranted.
Recognizing the critical importance of the interconnections between the banking and NBFI sectors, the FSB set up a working group to map the current financial system, including the bank and NBFI sectors and the links among and between the two.