IMF lobbies private sector over finance standards

An IMF/World Bank team visited London today on one leg of a travellingroadshow designed to sell global financial standards to the private sector. Since the Asia crisis the Bretton Woods twins have increasingly emphasisedthe role of global minimum standards as a means of averting futurefinancial crises.

The canon of such standards (endorsed by the global regulatory umbrellagroup, the Financial Stability Forum) now numbers over 60. Of these, themost detailed are those produced by various

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