Posted: 20 Mar 2024 Resource Type: Research Report Download Back This year, Italy and Brazil have the opportunity to bring key global decision makers together to address current global macroeconomic challenges and to promote the importance of joint action. The International Regulatory Strategy Group (IRSG) supports the commitment by the Italian G7 and Brazilian G20 presidencies to co-ordinate global action to tackle these global macroeconomic and geopolitical challenges. As governments seek to manage these challenges, the G7 and G20 commitment to fight against fragmentation and strengthen multilateralism will go a long way towards reducing the potentially high cost of fragmentation and the detrimental effect this may have on the world economy. Against this backdrop, the report sets out three priority areas that we believe the G7 and G20 should focus on – sustainability, innovation and free trade. In these areas, the report outlines seven priorities with corresponding recommendations, namely on carbon pricing, sustainability disclosures, AI, cyber security, data flows, WTO reform and global regulatory fragmentation. Stay in touch Sign up to our mailing list to make sure you're the first to hear about news, reports, and events relating to financial and professional services from the City of London Corporation. Sign up now Share: Share to LinkedIn LinkedIn Share to X Share to Facebook Facebook Share to WeChat WeChat Share to WhatsApp WhatsApp Share to Email Email Download Related content Research Report The UK | a top destination for financial and professional services investment May 2025 - The UK continues to be Europe's most popular destination for foreign direct investment in financial and professional services The UK | a top destination for financial and professional services investment Research Report London RMB Business annual Report May 2025 - The London RMB Business annual Report serves to contribute to the understanding of the London offshore RMB market. London RMB Business annual Report Thought Piece What are the practical steps I need to consider to set up a UK business? May 2025 - This article details eight practical steps to consider when setting up a UK business. What are the practical steps I need to consider to set up a UK business? Thought Piece How long will the authorisation process in the UK take? Apr 2025 - This articles provides an example of an application to the FCA for authorisation. How long will the authorisation process in the UK take?