"Under the law, Esca has supervisory responsibility for brokerage houses, listed companies and the two stock exchanges. What needs be under the authority's supervision are investment companies, mutual funds, IPOs [initial public offerings], and the envisioned non-governmental pension fund," the International Monetary Fund (IMF) said in a report recently.
- RBI’s Acharya: ‘fundamental reform’ to fix transmission
- Slovene governor: draft law would harm bank’s independence
- Central banks should not give impression of ‘complete foresight’
- Fed’s Williams proposes new tools to deal with future crisis
- Norges Bank advises removal of oil and gas stock from government fund