International Engagement

The CFR also provides a forum for coordinating member agencies’ engagement with the work of international institutions, forums and standard-setting bodies as it relates to financial stability. CFR agencies also work closely with the IMF for periodic in-depth assessments of Australia’s financial sector and regulatory oversight arrangements. These activities reflect the CFR’s mandate to promote financial system stability, and to support effective and efficient financial regulation.

The CFR agencies are members of the Trans-Tasman Council on Banking Supervision (TTBC), along with the New Zealand Treasury, the Reserve Bank of New Zealand and the New Zealand Financial Markets Authority.