The U.S. Shadow Financial Regulatory Committee (SFRC) meets with Shadow Committees from around the world every one to two years to discuss a theme of common interest and issue a joint policy statement.

August 17, 2009

• Joint Statement No. 8: "Making Securitization Work for Financial Stability and Economic Growth"

September 10, 2007

• Joint Statement No. 7: "Lessons from Recent Financial Turmoil"

October 31, 2005

• Joint Statement No. 6: "Aging and Pensions: A Ticking Bomb"

November 15, 2004

• Video and Event Information

• Joint Statement No. 5: "Enhancing International Financial Market Integration"

October 7, 2002

• Video and Event Information

• Joint Statement No. 4: "Reforms in the Process of Restructuring International Sovereign Debt"

June 18, 2001

• Joint Statement No. 3: "Reforming Bank Capital Regulation"

October 16, 2000

• Joint Statement No. 2: "Reform of Bank Regulation and Its Application to Japan"

June 14, 1999

• Joint Statement No. 1: "Improving the Basel Committee's New Capital Adequacy Framework"

Information about the other Shadow Committees

• Asian Shadow Financial Regulatory Committee

• Australia-New Zealand Shadow Financial Regulatory Committee

• European Shadow Financial Regulatory Committee

• Japanese Shadow Financial Regulatory Committee

• Latin-American Shadow Financial Regulatory Committee