On February 16, the IIF published a visual summary and numerical stock-take of the banking sector prudential regulatory measures taken across the world in response to the COVID-19 pandemic during 2020.

"As leaders of the international financial community, we know that climate change is one of the greatest challenges facing us all. We are determined to effectively manage the risks for our industry and recognize our key role in mobilizing capital for unprecedented opportunities—solutions to mitigate greenhouse gas (GHG) emissions, strengthen climate resilience, unlock innovation and create jobs."

The IIF and Deloitte UK conducted a global survey of sustainability professionals and other senior executives about the role of Chief Sustainability Officers (CSOs) in addressing the environmental, social and governance (ESG) imperative, and found that the CSO is emerging as a “sense-maker in chief,” and is responsible for understanding, and predicting, changes in the external sustainability environment, and re-positioning the business model of their respective firms to tackle this head on. 
 

The IIF and OpenID Foundation have provided comments that focus on the Digital Identity aspects of the FSB-CPMI initiative on the G20 Roadmap for Enhancing Cross-border Payments, and the associated 19 building blocks.

The Policy development workstream of the Open Digital Trust Initiative has developed draft Principles for Digital Trust Networks, identifying the high level ‘rules of the road’ that digital trust networks should adopt.

The IIF submitted its response to the IAIS on February 5, 2021. 

The IIF submitted its response to the IAIS on February 4, 2021. 

On February 3, the IIF submitted a comment letter to the EBA Discussion Paper on management and supervision of ESG risks.

The IIF Sustainable Finance Working Group has submitted a response to the Taskforce on Climate-related Financial Disclosures (TCFD), and its Secretariat, on its public consultation on Forward-looking Financial Sector Metrics.