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G-20 creates Financial Stability Board from FSF; frees up $1.1 trillion for IMF

The G-20 leaders agreed to create a new body for international systemic oversight, new regulatory requirements for banks and hedge funds and a massive cash injection for the IMF

Author: David Benyon

Source: Operational Risk & Regulation | 03 Apr 2009

Categories: Financial Stability, Banking

Topics: G-20, Regulation

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