IIF Launches Steering Committee To Examine Emerging Market Risks

WASHINGTON DC--The Institute of International Finance (IIF), a US-based group representing some 285 financial institutions worldwide, has set up a steering committee to examine systemic risks within emerging markets finance. The committee will examine what lessons can be learned from last year's economic crisis in South East Asia.

Lex Rieffel, director and senior advisor of the IIF, says the committee will examine both the official and private sides of the financial community. "A hallmark part of

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