IIF proposes agenda to promote financial system stability

IIF letter to Gordon Brown calls for agenda to test financial stability

The Institute of International Finance (IIF), which represents more than 375 of the world’s financial services firms, has called on leading finance ministers, central bank governors and the International Monetary Fund, to engage in an extensive dialogue with private finance to secure the stability of the global financial system.

The IIF believes this is a timely measure, given the increasing use of credit derivatives and other forms of financial leverage, plus the growth of hedge funds and

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