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Showing posts with label Global regulators. Show all posts
Showing posts with label Global regulators. Show all posts

7/16/2011

G20 task force expected to endorse bank surcharges

(Reuters) - Global regulators are expected to give the green light on Monday to two measures they hope will shield taxpayers from having to rescue failed banks again.

The Financial Stability Board (FSB) meets in Paris to endorse the capital surcharge and bank resolution proposals that will be put out to public consultation ahead of final approval by leaders of the world's top 20 economies (G20) in November.