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.
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.