FSB report warns G-20 over return of market appetite for risk

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Mark Carney, chairman of the Financial Stability Board (FSB), told the G-20 meeting in Moscow last weekend that the completion of reforms to the over-the-counter derivatives market and the shadow banking system are more important than ever, now that investor risk appetite is returning to financial markets. 

Carney, the current governor of the Bank of Canada, who will replace Mervyn King as governor of the Bank of England in July this year, said central banks can take much of the credit for

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