Act now on SIFIs, says IMF paper
Immediate measures are necessary to address the risks posed by institutions deemed too big to fail, according to an IMF discussion paper.
The moves are needed to bridge the gap until concrete regulations on systemically important financial institutions are implemented, the note argues.There is growing pressure at the national level to take immediate action to limit the risk posed by these institutions, says the staff discussion paper, published by the IMFs monetary and capital markets ...
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