TF8 - Multilateralism and Global Governance IDENTIFYING ULTIMATE BENEFICIAL OWNERS: A RISK-BASED APPROACH TO IMPROVING THE TRANSPARENCY OF INTERNATIONAL FINANCIAL FLOWS ABSTRACT Ultimate Beneficial Owners (UBOs) are defined by complex legal rules that differ across countries. Identifying UBOs is increasingly costly and time consuming. Gathering [...]
TF8 - Multilateralism and Global Governance BUILDING A MORE INCLUSIVE, PEOPLE-CENTERED MULTILATERALISM ABSTRACT Recent calls by scholars for more multi-stakeholder approaches to international cooperation are a welcome effort to make international politics more inclusive, however even these approaches sometimes ignore or downplay one very important [...]
TF8 - Multilateralism and Global Governance GLOBAL LEGAL STANDARDS: PATHWAYS TO REORGANISE GLOBALISATION ABSTRACT Haphazard efforts to renationalise economic activity after the recent economic and financial crisis and during the ongoing pandemic have fragmented the global economy. To correct this, we propose that the G20 [...]
Financing Sustainable Infrastructures; A Long-Term Perspective IAI, T20 National Co-Chair and Fondazione Compagnia di San Paolo are organising the Conference “Financing Sustainable Infrastructures; A Long-Term Perspective”, which will be held on September 7, 2021 from 14:00 to 17:30 CEST. The leaders of the G20 countries have stressed the key role that infrastructure plays as a [...]
TF8 - Multilateralism and Global GovernanceTITOLO DIVERSO ABSTRACT Ultimate Beneficial Owners (UBOs) are defined by complex legal rules that differ across countries. Identifying UBOs is increasingly costly and time consuming. Gathering more data and refining already complex domestic legal arsenals is not the solution. We therefore [...]
Official picture by G20 Italy Download the T20 Statement in PDF Climate change, biodiversity loss and sustainable growth are long-standing global challenges. Today they are even more crucial, given the crisis brought about by the Covid-19 pandemic, which calls for making the much-needed recovery in the global economy compatible with action to meet, exceed [...]
TF8 - Multilateralism and Global Governance IDENTIFYING ULTIMATE BENEFICIAL OWNERS ABSTRACT Ultimate Beneficial Owners (UBOs) are defined by complex legal rules that differ across countries. Identifying UBOs is increasingly costly and time consuming. Gathering more data and refining already complex domestic legal arsenals is not [...]
After the pandemic, it is key to avoid that we move from the COVID-induced economic crisis to a new financial crisis. The T20, through its Task Force on International Finance, calls G20 Economy and Finance Ministers for a renewed commitment to address this challenge by designing, and swiftly implementing, policy measures aimed to support countries at risk of debt distress, involve the private sector in debt relief, create innovative facilities to ensure debt sustainability, get ready for the digital money revolution, give climate risk analysis the due relevance considering its impacts on the financial architecture, monitor central banks activities that have extraterritorial impacts, and ensure transparency in capital flows especially when it comes to activities by State-Owned Multinational Enterprises.
Preliminary findings and proposals by Task Force 10 on Migration Developing social protection strategies for asylum-seekers and migrants Ensuring that refugees have access to health care, income support, and suitable working and living conditions. In the short-term integrated approaches should be developed to include refugees in national protection systems to mitigate the effects of COVID-19 [...]
Preliminary findings and proposals by Task Force 8 on Multilateralism and Global Governance Reforming and relaunching existing multilateral institutions in a post-pandemic scenario The lack of an unambiguous definition and specific assessment of the “costs” (not only economic) of global inaction in the face of common challenges may lead to sub-optimal policy decisions. We suggest [...]
