Leading Emerging Market Banks Stress Potential of Damaging Unintended Consequences of New Global Financial Regulations for Economic Development
April 25, 2010
April 25, 2010
WASHINGTON, April 25 -- The Institute of International Finance issued the following news release:
"Strengthening the contribution that banking systems can make to development in the emerging market countries is a key priority today. This objective should not be undermined by any unintended consequences of applying new global regulatory proposals in countries where robust requirements are already in place and where banking systems have generally performed well during the recen . . .
"Strengthening the contribution that banking systems can make to development in the emerging market countries is a key priority today. This objective should not be undermined by any unintended consequences of applying new global regulatory proposals in countries where robust requirements are already in place and where banking systems have generally performed well during the recen . . .