Saudi Crown Prince honored at White House dinner as Trump designates Kingdom a major non-NATO ally    The only 'no' vote on releasing Epstein files    Syria begins first public trial over deadly clashes in coastal region,    Saudi Crown Prince highlights 90-year partnership with US at White House dinner MBS said the horizon for Saudi–U.S. cooperation is "bigger and wider than ever" as both nations expand economic and strategic opportunities    Saudi Arabia and US sign strategic defense agreement    Trump approves major US defense sales to Saudi Arabia, including F-35 deliveries    Tawakkalna App's services surpass 1,100, powered by Advanced AI    Saudi entertainment sector draws over 12 million visitors in 3Q 2025    Streets of Washington adorned with Saudi, U.S. flags to welcome the Crown Prince    AlUla's living strategy    Rasf Real Estate announces major expansion drive at Cityscape Riyadh 2025    Justin Trudeau's ex-wife Sophie Grégoire breaks silence on his romance with Katy Perry    Beyond Profit: Riyadh's platform to shape the future of the global non-profit sector    UK to ban reselling event tickets for profit    Japan movie releases postponed in China after Taiwan row    From accidental athlete to Olympian: Rakan Alireza's unlikely road to the Winter Games    Riyadh Season 2025 draws 1 million visitors in 13 days    Athar Festival 2025 opens in Riyadh with record attendance, new creative streams, and Saudi-first innovations    'India's Picasso' is breaking auction records — enraging the Hindu right    D'Angelo, Grammy Awardwinning R&B singer, dead at 51    The key to happiness    Sholay: Bollywood epic roars back to big screen after 50 years with new ending    Ministry launches online booking for slaughterhouses on eve of Eid Al-Adha    Shah Rukh Khan makes Met Gala debut in Sabyasachi    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



T20 Task Force 8 announces International Financial Architecture completion
Published in The Saudi Gazette on 20 - 10 - 2020

The Task Force 8 (TF8) of the Think 20 Group (T20), emanating from the G20, announced the completion of the International Financial Architecture that aims to manage financial stability in developed and developing countries.
TF8 is chaired by Nabil Al-Mubarak, a member of the Asbar Forum team that participates in the work of the T20. TF8 work focuses on policy actions related to global financial management.
Task Force 8 work is based on achieving several priorities, most notably is risk and crisis management in the flow of capital and international institutions, encouraging the advancement of the inclusive financial sector in emerging and developing economies, regulating cryptocurrency and financial technology and their effects on the international monetary system, as well as global financial control over money laundering and terrorism financing.
The priorities also include the efficiency of financial institutions and the role of Islamic finance.
The overall policy of TF8 is expanding the global financial safety net, setting monetary policy strategies, studying the need of major technology companies for a global and comprehensive regulatory framework, in addition to monitoring countries' commitment to confront illicit financial flows.
It is noteworthy that the Asbar Forum team in the T20 presented, along with the TF8, three important papers that will be submitted to the G20 summit.
The first is entitled : "Strengthening the Agreement on Children's Rights: Governance of the digital world for children."
The second paper came under the title: "A Comprehensive Approach to Face Global Challenges through Coordination", while the third paper is entitled: "Diversity in the Time of a Global Pandemic: Lessons learned and the way forward". — SPA


Clic here to read the story from its source.