Private sector urges cooperation on rulemaking

The Institute of International Finance (IIF), a global association of finance institutions, called for central bankers and finance ministries to ensure that the regulatory response to the current crisis complements reforms pursued by the private sector.

Charles Dallara, the managing director of the IIF, sent a letter on Thursday setting out the organisations' aims to members of the International Monetary and Finance Committee (IMFC), who are to convene at the annual general meeting of the Int