The Financial Stability Forum (FSF) was initiated by the Finance Ministers and Central Bank Governors of the Group of Seven industrial countries in February this year to promote international financial stability through enhanced information exchange and international co- operation in financial market supervision and surveillance. It brings together on a regular basis senior representatives from: national authorities responsible for financial stability in significant international financial centres; international financial institutions; sector-specific international groupings of regulators and supervisors; and committees of central bank experts.