IIF’s Oudéa calls for G-20 taskforce for cross-border resolution

Institute for International Finance’s Frédéric Oudéa says G-20 taskforce will stir up political will for agreement on cross-border resolution

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Frédéric Oudéa, the chief executive of Société Générale and a director of the Institute for International Finance (IIF), a lobby group, has called for the G-20 to establish a high-level taskforce to kick-start work on an internationally agreed-upon cross-border resolution framework.

On Monday in Paris, Oudéa said: "We need to see a small, multi-disciplinary group of officials from key countries, including officials from finance ministries, central banks, other regulatory authorities and

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