Renaming of the WGFMRR to WGFES
The INTOSAI Working Group on Financial Modernization and Regulatory Reform (WGFMRR) recently approved a name change through a majority vote of its members to the Working Group on Financial and Economic Stability (WGFES). The WGFES is chaired by the United States of America and remains open to new members that seek to share knowledge on monitoring and enhancing financial and economic stability. Please note the new contact for this working group:
- INTOSAI-Financial-Stability@gao.gov
The new name was developed through a survey and ongoing discussion with members in 2022–2023 with the goals of better reflecting the evolving focus of the working group on financial stability and appealing to a broader range of SAIs. The working group continues its mission to monitor and share information on reforms in the banking sector, but has expanded its scope to include additional issues that affect financial and economic stability, such as climate change risks, cybersecurity, and small-enterprise financing.
More News
Letter from the Chair of INTOSAI – July 2024
The Strategic Importance of Foresight for the Work of Supreme Audit Institutions
The chair of the International Organization of Supreme Audit Institutions (INTOSAI), Minister Bruno Dantas, in his…
The Forum for INTOSAI Professional Pronouncements is seeking new members
Standard setting is one of INTOSAI’s most strategically important and visible activities, and the Forum for INTOSAI Professional Pronouncements (FIPP) plays a key role in the process of ensuring the…
Letter from the Chair of INTOSAI – June 2024
Energy Transition in the Context of the Climate Crisis
Energy is essential for economic growth and social development as it powers our homes, industries, and societies. At the core of the global…