FSB proposes overhaul of financial reform recommendation process, final report due in H1 2027

• —FSB published the second report of its three-stage G20 implementation review on October 14
• —Delays stem from differences in legal systems, market structures and regulator capacity
• —Six improvement areas proposed, including prioritization and standardized recommendation formats
• —Final third-stage report on monitoring improvements is due in the first half of 2027