The Financial Stability Board has stepped up its efforts to co-ordinate a slew of global post-crisis reforms just as bankers and traders return to work after the summer. The global regulatory body, which was restructured and beefed up in the wake of the crisis, released nine reports last week and further consultation documents are due this week.

According to lobbyists, lawyers and regulatory experts, the stream of work emanating from the FSB is further evidence of its "pace-setting" and efforts to be "leading the thinking" on key regulatory issues.