G-20 endorses final G-Sifi rules


G-20 finance ministers and central bankers have endorsed the final measures put forward by the Financial Stability Board (FSB) to solve the problem of banks that have become "too big to fail".

Following a two-day summit in Paris over the weekend, the group released a communiqué that supported the package that mandates national authorities to impose massive capital surcharges on global systemically important financial institutions (G-Sifis).

The proposals also demand that banks design resolution

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