It will convene representatives from central banks, finance, trade and other relevant ministries, cross-sector regulatory bodies, non-state actors from developing countries, and representatives from key institutions such as the Financial Stability Board, Bank for International Settlements, International Monetary Fund and the World Bank.
These three recommendations represent opportunities for establishing a global financial system that would support shared prosperity by focusing on people, purpose and planet. But what does all this mean to financial institutions and fintechs? Financial institutions and fintechs have played a pivotal role globally in supporting the COVID-19 response.