Sunday, June 22nd, 2008
This article discusses the membership of 43 key economies in the major international financial institutions. The aim is to assess whether the global financial architecture adequately incorporates the key economies. The article can also be found in this PDF-Document.
The chart (left) lists 21 international organizations. Some of them are grouped ...
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Tuesday, April 15th, 2008
French Finance Minister Christine Lagard has compared the recent FSF-report released by the G7 Finance Ministers last week to the Plaza Accord (as quoted by Christopher Swann in an article at Bloomington):
The April 11 statement was "not very different'' from the importance of the 1985 Plaza Accord.
The Plaza Accord reached ...
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Monday, April 14th, 2008
Didier Jacobs, special advisor to the president of Oxfam America, wrote an interesting paper called "Democraticing Global Economic Governance". He presented this paper in May 2002 at a conference on "Alternatives to Neoliberalism" by the NGO-Coalition "New Rules for Global Finance".
In the paper, he focuses mostly on the participation of ...
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Sunday, April 13th, 2008
The FSF Report on Financial Stability (called "Enhancing Market and Institutional Resilience") was yesterday approved by the G7.
To assess the impact of the report on the global financial architecture and the responses to the credit crisis in the financial markets, it is worthwhile recalling the original demands of the G7.
In ...
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Sunday, April 13th, 2008
The G7 Finance Ministers met yesterday at the IMF Spring Meeting and approved a report prepared by the Financial Stability Forum, the main forum bringing together Central Banks, Regulators and Finance Ministers. Before discussing the report in detail, it is essential to get an overview of what the FSF is ...
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Thursday, April 10th, 2008
The IIF (which is essentially the main political lobby organisation of the large, multinational commercial banks) has released a new report on markets best practices. It can be seen as the response of the banks to the regulatory efforts of the G7 Finance Ministers and the FSF.
In summary, Banks ...
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Wednesday, April 2nd, 2008
Institution: Committee on the Global Financial System
Abbreviation: CGFS
Type: Public
Founded: 1971
Members Total:
Membership in: FSF
Membership of: ECB
Description: The Committee has a mandate to identify and assess potential sources of stress in global financial markets, to further the understanding of the structural underpinnings of financial markets, and to promote improvements to the ...
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Wednesday, April 2nd, 2008
Institution: Committee on Payment and Settlement System
Abbreviation: CPSS
Type: Public
Founded:
Members Total:
Membership in: FSF
Membership of: ECB
Description:
Working Group: Sub-Group on Foreign Exchange Settlement Risk, Working group on clearing and settlement arrangements for OTC derivatives, Working group on system interdependencies
Outreach: The Committee has developed relationships with many non-CPSS central banks in ...
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Wednesday, April 2nd, 2008
Institution: International Organisation of Securities Commissions
Abbreviation: IOSCO
Type: Private
Founded:
Members Total:
Membership in: FSF,JF
Membership of:
Description:
Working Group:
Outreach:
Reporting to:
Website:
Highest Organ:
Chair:
Seat:
Function:
Standards:
Posted in Organisations | 3 Comments »
Wednesday, April 2nd, 2008
Institution: International Association of Deposit Insurers
Abbreviation: IADI
Type: Public
Founded: 2000
Members Total: 50 (Member Directory)
Membership in:
Membership of:
Description:
The International Association of Deposit Insurers (IADI) is a separate legal entity domiciled at the Bank for International Settlements in Basel, Switzerland. IADI was created following the work of the study and working groups ...
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