Bigger capital buffers, better liquidity risk management and central banks that can move with more agility and more money are the key recommendations presented to the G7 wealthy-nation officials this evening by the international Financial Services Forum (FSF).
'To restore confidence in the soundness of markets and institutions, it is essential that steps are taken now to enhance the resilience of the global system,' the FSF report said. The FSF represents central bank authorities, finance ministries and financial regulators around the world.
