By Tobias Adrian and Maurice Obstfeld
Versions in: عربي (Arabic), 中文 (Chinese), Français (French), Русский (Russian), and Español (Spanish)
Economic growth appears to be strengthening across the large economies, but that does not mean financial-sector regulation can now be relaxed. On the contrary, it remains more necessary than ever, as does international cooperation to ensure the safety and resilience of global capital markets. That is why the Group of Twenty (G20) finance ministers and central bank governors reiterated their support for continuing financial-sector reform at their meeting in Baden-Baden last week. Continue reading
Filed under: banking, Financial Crisis, Financial regulation, G-20, International Monetary Fund | Tagged: Basel Committee, Basel Committee on Banking Supervision, Basel III, Dodd-Frank Act, Financial regulation, Financial Stability Board, G20, global financial crisis, imfblog, Maurice Obstfeld, Tobias Adrian, United States | Leave a comment »