Anmerkungen:
In: CEPS Essays, No. 9 / 3 March 2014
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments March 3, 2014 erstellt
Beschreibung:
Now is time to take stock of the G-20. Just over five years ago, during the free fall of the global financial crisis, representatives from 20 of the world's leading economies agreed to gather twice a year in order to develop a more sustainable regulatory framework for financial institutions. In this CEPS Essay, Karel Lannoo highlights many signs of promise, for example, the group has agreed on a new framework for regulatory standards for each country's most important financial institutions and tasked a Financial Stability Board (FSB) with monitoring adherence to them. At the same time, however, he notes that the G-20 has fallen short of some expectations and continues to show serious flaws