Work Program

The Group of Thirty regularly establishes study groups to analyze issues of particular or systemic importance to the global financial markets. A study group's membership is broader than that of the Group of Thirty, comprising experts from specialized fields in economics, finance and academia. Study participants offer their analysis and recommendations for best practices going forward.

The Group's previous study groups have included topics on the reform of the International Monetary Fund, financial reform, regulatory supervision and greater accounting standards.

For a full list of the special reports, occasional papers, and lectures distributed by the Group of Thirty, visit our Publication Page.

Latest Projects

Working Group on Shadow Banking and Market Finance
The Group of Thirty will commence a study on shadow banking and sustainable market finance in December of this year. The Steering Committee will be led by Adair Turner as chairman, with Jacques de Larosière and Masaaki Shirakawa serving as vice chairs. The study will focus on identifying how shandow banking risks are evolving and the appropriate policies required to encourage sustainable market finance. We expect the results to be published in 2015.


If you have any questions about the Working Group please contact the G30 office.

 

Steering Committee Chair:

Lord Adair Turner


Working Group on Corporate Governance and Risk Culture

The Group of 30 began a new Working Group on risk culture and corporate governance in September of 2014. The Steering Committee is composed of co-chairs Roger W. Ferguson, Jr. and William R. Rhodes, as well as vice chairs John Heimann and Sir David Walker.This will be the Group’s third intervention in the corporate governance workstream, following the influential “Toward Effective Governance of Financial Institutions” (2012) and “A New Paradigm: Financial Institution Boards and Supervisors” (2013) reports.

Steering Committee Co-Chairs:

Roger Ferguson and William Rhodes



If you have questions about the Working Group please contact the G30 office.

Working Group on Central Banking
In October of 2013, the Group of Thirty began a new Working Group on The Fundamentals of Central Banking. The Steering Committee is composed of Jacob Frenkel (chair), Arminio Fraga, and Axel Weber. The project looks at the wide ranging institutional and policy challenges facing the central banking community following their extraordinary responses to the 2008-09 crisis. Among other things, central bank independence is under increasing pressure, and the report aims to find ways to ensure central banking effectiveness for the long-term.


If you have any questions about the Working Group please contact the G30 office.

 

Steering Committee Chair:

Jacob Frenkel


Recent Special Report

Corporate Governance
In October of 2013, the Group of Thirty released a report on Corporate Governance. The project titled, A New Paradigm: Financial Institution Boards and Supervisors, was led by a Steering Committee with Roger Ferguson (chair), William Rhodes, John Heimann, and Sir David Walker. The G30 project examines the role and responsibility of banking supervisors in corporate governance. The Working Group drew from the foundations built by the G30 report, Toward Effective Corporate Governance of Financial Institutions.

The report makes a series of specific recommendations designed to enhance the overall effectiveness of supervision by identifying specific initiatives and processes both to assist supervisors directly in discharge of their responsibilities and to promote alignment of boardroom expectations and responses to such initiatives and processes. Specifically, the report addresses the role of supervision within the regulatory framework, while assessing the ability of supervisors to draw on substantial internal support, effectively use channels of communication within an institution, and evaluate the performance of their boards.

Publication News

  • New G30 Annual Report
  • The 2012-2013 Annual Report covers the Group's activities during fiscal years 2012 and 2013, which comprises July 1, 2011 through June 30, 2013. The Sections include a full membership list, as well as a description of the G30's meetings, events, and publications.

Recent G30 Reports

  • A New Paradigm: Financial Institution Boards and Supervisors
  • This report examines the role and responsibility of banking supervisors in corporate governance. The report finds that it is time to establish a new paradigm for this interaction, built on mutual trust and transparency so supervisors and boards are better able to fulfill their responsibilities.
  • Long-term Finance and Economic Growth
  • The report examines critical constraints on the supply of long-term finance and calls for reforms that can strengthen the flow of capital into long-term investments by governments, institutional and individual investors.

Recent Occasional Papers

  • The Digital Revolution in Banking
  • Gail Kelly, CEO and Managing Director of Westpac, looks at the important, developing relationship between financial services and techonology.