IMF report says regulation is ‘unfinished’

The International Monetary Fund (IMF) said some regulatory areas "remain unfinished" and may require further action in the latest chapter of its Global Financial Stability report, Restoring Confidence and Progressing on Reforms, published on September 25.

Global regulatory reforms are pushing regulation in the right direction and eventually will deliver a more stable system but their implementation is uneven and vulnerabilities remain, the report said. "The data suggests that financial systems a