Center for Governance and Sustainability

at the University of Massachusetts Boston

Financial Risk Repository

pg. 14: . . . a public-private financial risk information repository [bold in the original ] that would improve the aggregation of systemically relevant data across the global financial system for the benefit of regulators

 

Readers' Guide Comment on “for the benefit of regulators”

The public-private repository presumably means that members of the Financial Stability Board  and selected private financial institutions would have privileged access to key global financial data. WEF apparently does not consider broad public disclosure of information an important part of its new governance arrangement.

Related Ideas: Key third and fourth tools; Public-private governance; Managing financial governance; MNCs as global governors

The Readers' Guide welcomes comments with alternative examples or counter examples, supplemental assessments of the extracted GRI text or commentary – critical or otherwise – of the above interpretation of GRI’s perspective.

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