As a means of evaluating the effects of financial regulatory reforms on the provision of financing small and medium-sized enterprises (SMEs), the Financial Stability Board (FSB) is seeking stakeholders feedback.
The FSB is requesting feedback on what have been the main trends in SME financing since the financial crisis; what have been the main drivers of the observed trends in SME financing in recent years; whether financial regulatory reforms such as Basel III affected bank financing to SMEs; and what other G20 financial reforms or other domestic financial regulations may have impacted financing to SMEs.
Responses will be published on the FSB’s website unless respondents expressly request otherwise while feedback will be considered by the FSB as it prepares the draft report, which will be issued for public consultation ahead of the June 2019 G20 Summit.
The final report reflecting the feedback from the public consultation will be published in October 2019.
The evaluation will consist of two phases, with the initial element, published in November 2018, examined the effects of reforms on the financing of infrastructure investment while the. second part involves an evaluation of the effects of reforms on the financing of SMEs.
The feedback should be submitted by March 18, 2019, to fsb@fsb.org, under the subject heading “SME financing evaluation.”