Committee on the Global Financial System

The Committee on the Global Financial System (CGFS) is a group established by central banks from various countries to monitor and analyze global financial markets and systems. Its main goal is to enhance financial stability by discussing and sharing information about risks and challenges that could impact economies. The CGFS serves as a platform for central bank officials to collaborate on important financial issues, ensuring a coordinated response to potential crises and fostering a deeper understanding of interconnected financial systems worldwide.