G-20 and FSB split on scale of financial reform
Members of the Group of 20 (G-20) leading economies and the Financial Stability Board (FSB) – the body tasked with reforming the global financial system alongside the Basel Committee on Banking Supervision – are split on how far financial services reform should go in the pursuit of better financial stability.
"There are different schools of thought, even among the members of the FSB and Basel Committee," Jong-Goo Yi, standing commissioner of the Financial Services Commission for South Korea
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