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  • Joint Statement By The International Monetary And Financial Committee And The Group Of 20 Finance Ministers And Central Bank Governors On IMF Resources

    Date 20/04/2012

    The International Monetary Fund’s International Monetary and Financial Committee (IMFC) and the Group of 20 Finance Ministers and Central Bank Governors issued the following statement today on IMF resources:

    “We remain committed to take the necessary actions to secure global financial stability. We welcome the euro area members’ decisions in March to strengthen European firewalls as part of broader reform efforts and the availability of central bank swap lines. At our Joint Meeting of the IMFC and G20 Finance Ministers and Central Bank Governors today, we have reached agreement to enhance IMF resources for crisis prevention and resolution. This is the result of a broad international cooperative effort that includes a significant number of countries."

  • Financial Stability Board Reports To G20 On Progress Of Financial Regulatory Reforms

    Date 20/04/2012

    The Chairman of the Financial Stability Board (FSB) reported to the G20 Finance Ministers and Central Bank Governors today on progress in the financial regulatory reform programme.

  • IMF: Statement From Indonesia, Malaysia And Thailand

    Date 20/04/2012

    The IMF plays an essential role in supporting the stability of the global economy. The ASEAN region has a strong interest and stake in stable global growth. We support the broad-based international cooperative effort to increase the resources of the IMF for precautionary and crisis resolution purposes. Indonesia, Malaysia and Thailand will undertake the necessary domestic consultations to join this international effort.

  • SEC Charges British Twin Brothers Touting "Stock Picking Robot" In Internet Pump-And-Dump Scheme

    Date 20/04/2012

    The Securities and Exchange Commission today charged twin brothers from the U.K. with defrauding approximately 75,000 investors through an Internet-based pump-and-dump scheme in which they touted a fake “stock picking robot” that purportedly identified penny stocks set to double in price. Instead, the brothers were merely touting stocks they were being paid separately to promote.

  • ISDA Response To European Commission Discussion Paper On The Debt Write-Down Tool/Bail-In

    Date 20/04/2012

    Click here to download ISDA's response to European Commission discussion paper on the debt write-down tool/bail-in.