Politics won't get in the way of Sifi plans: FSB's Draghi

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Politics need not complicate the establishment of an international resolution regime for systemically important financial institutions (Sifis) that operate on a global scale, Mario Draghi, the chairman of the Financial Stability Board (FSB), said Friday.

Speaking at a press conference in Seoul, Draghi, who is also the governor of the Bank of Italy, acknowledged that regulators faced a complex task in drafting the regimes. "Resolution regimes are a by-product of a broader set of legislations and

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