Group of 30 calls for closer relationships between bank boards and supervisors

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The Group of 30 (G-30) has called for a "new paradigm of interaction" between the systemic bank boards and their supervisors, which recognises the "many shared interests" of the two groups.

Presenting a new report into the relationship between financial institution boards and supervisors in London today, Roger Ferguson, the former vice-chairman of the Federal Reserve and chair of the G-30 steering committee that developed the report, said the aim was "to improve the safety and soundness of major

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