IMF in bid to strengthen governance of cross-border capital flows
IMF executive directors support greater Fund role in surveillance of cross-border capital flows and creation of rules for capital account policies
The International Monetary Fund (IMF) looks set to strengthen its surveillance of international capital flows after Fund directors backed the introduction of new guidelines to address the dangers caused by the flows.
Conclusions from a 17 December executive board meeting published on Wednesday said IMF executive directors agreed on the need to strengthen the Fund's role regarding international capital flows and saw merit in developing a coherent Fund view on capital flows including the
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