As a first step, the FSB has formed a task force that is responsible for setting specific, quantitative targets. These targets will set the tone and pace for work that follows and are therefore among the most important deliverables the FSB will complete this year.
We plan to publish a consultative paper in May and deliver a final set of targets to the G20 in October. Several groups are charged with advancing one or more building blocks over the course of this year, with the FSB providing annual updates to the G20.