Global authorities discuss actions to combat financial turmoil

The Financial Stability Forum (FSF) said “the financial system faces a number of significant near-term challenges” and urged financial institutions to enhance disclosure of risk exposures to contribute to restoring confidence to markets.

The Forum will deliver a report to the G7 Finance Ministers and Central Bank Governors in April, which will identify key weaknesses underlying financial turmoil and will recommend actions for enhancing market and institutional resilience.

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Written by Staff Reporter

Last Updated: 09 March 2022

Published: 31 March 2008