A key factor in what guides the FSOC's future work is who will succeed Geithner, who is widely expected to step down early in 2013.
"A large part of it will depend on the new Treasury secretary and what type of agenda or perspective that person brings," said Kini. "It probably will be also reactive to the crises that emerge. One of the questions will be to what extent the FSOC is going to be largely reactive or will it be a more proactive body. That remains to be seen. It's not clear what exactly they have in store for 2013."