International planning for continuity oversight: The need for forums for financial authorities to share best practices

Abstract

Until recently, international financial authorities eschewed meaningful collaboration on their continuity oversight programmes. However, this is now beginning to change. Recent initiatives have promoted useful dialogues on these issues among the world’s leading financial authorities. While these developments are encouraging and are already paying dividends in terms of information exchanges for new threats, such as pandemics, more work needs to be done to promote forums focused on the needs of financial authorities in developing market centres.