The FSF is unique in that it links all the authorities and institutions that have a systemic influence on financial markets, which are very largely decentralised and – for many of them – independent from the political sphere. The necessary enlargement of the FSF is key.
Particularly important in a time of global crisis has been the new authority of the G20, which is a truly global informal grouping in comparison with the G7, which itself continues to be useful in a situation where the turbulence comes from the industrialised countries.