The Working Group is addressing how the multilateral system can be strengthened to address 21st century global challenges.
The Working Group is preparing recommendations to improve the sovereign debt resolution architecture and to prevent future crises.
This Working Group will seek to address a range of topics and trends impacting the future of finance.
The BWC Blog aims to help global leaders envision how to evolve and strengthen the multilateral financial system and encourage policymakers to strengthen international economic cooperation.
Artificial Intelligence (AI) is at the core of the future of the global capital markets. The World Bank can capitalize on it by leaning in from a governance and operational standpoint to leverage AI to accelerate investments for emerging markets and developing economies (EMDEs).
BWC member Hung Tran was interviewed by IR Magazine: "while many of the voluntary delisting decisions were viewed through the lens of Chinese resistance to US auditing requirements, the moves are also about longer-terms plans for the Chinese market."
BWC member Hung Tran was interviewed by Reuters Breakingviews on the Partnership for Global Infrastructure and Investment.
It insists "on high environmental, social and governance standards. It has therefore taken time to build up a pipeline of quality projects."
BWC member Mahesh Kotecha gave remarks recently on the United Nations General Assembly sidelines.
He said "we must encourage faster professionalization, disclosure and use of the GEMs database especially by the rating agencies and investors."
Lastly this week we welcome new member HSBC Holdings plc.
HSBC operates in sixty-two countries and territories across the world, and it is the largest bank based in Europe by assets.
This week we also welcome new member Barclays plc.
Barclays operates in over forty countries, employs over 80,000 people, and is the fifth largest bank in Europe by assets.
We appreciate their support for our work and mission, and we look forward to their engagement!