Digital & Resilience

IIF calls on FSB to minimise market fragmentation

By Justin Pugsley
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When pursuing regulatory initiatives, the Financial Stability Board (FSB) should aim to reduce market fragmentation as much as possible, said the Institute of International Finance (IIF).

On January 20, IIF CEO Timothy Adams wrote to FSB chair Klaas Knot stating that excessive regulatory and supervisory divergence can trap capital, liquidity, ...

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