Established in 1944, the International Monetary Fund (IMF) is an independent organisation that is accountable to its 190 member nations. It has worked to promote global financial stability and economic growth and provides financial assistance and advice to member countries facing economic difficulties, as well as conducts research and analysis on global economic trends and policies. The  serious increase in banking failures in the West over the past decade and especially in the last few months raise serious concerns on the underlying health of the global economy. These failures have led to a loss of confidence in the securities market, which has had a ripple effect on several under-developed and developing nations, leading them towards economic downturn. The committee will address the role of government interventions in stabilising the securities market during times of financial crises, consider the use of regulations and standards to promote transparency and accountability in the securities market and also review the role of rating agencies in assessing the risks associated with securities. Success in this committee would not mean sticking to conventional norms of the financial world but rather by creating a unique framework that possesses the power to systemically bring down the discrepancies in the current status quo.