‘Follow-up Report’ on implementation published

George Walker

The Financial Stability Forum (FSF) has issued a follow-up report on implementation mechanisms (see FSF, Report of the Follow-Up Group on Incentives to Foster Implementation of Standards (31 August 2000)). The follow-up paper follows the earlier Report by Andrew Sheng on Implementation of Standards which was endorsed by the FSF in March 2000 (see FRR , June 2000). The original report states, in particular, that implementation should be promoted through country ownership, a judicious blend of market and official incentives and the mobilising of necessary resources.