Enhancing the IMF's Regulatory Authority
In the wake of the financial crisis, the International Monetary Fund (the Fund) is considering changes to its regulatory authority that are designed to make it a more effective crisis-prevention body. Among the changes being contemplated is the integration of in-depth analysis of financial sector regulatory weaknesses into its annual assessment of each member's overall economic policies. In addition, given the important linkages among the economies of its members, consideration is being given to measures that will enhance the Fund's capacity to identify and address risks on a multilateral basis. Finally, in light of the important role of international capital movements, the Fund will be discussing options that are designed to give it a more robust role in this area. Oxford University Press 2010, all rights reserved, Oxford University Press.
Volume (Year): 13 (2010)
Issue (Month): 3 (September)
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