Fidest – Agenzia giornalistica/press agency

Quotidiano di informazione – Anno 31 n° 301

CIGI co-sponsors conference on strengthening the FSB

Posted by fidest press agency su mercoledì, 18 aprile 2012

Mexico City and Waterloo, Canada The Centre for International Governance Innovation (CIGI), along with the Bank of Mexico and the Bank of Canada, was a co-sponsor of a conference on the strengthening of the Financial Stability Board (FSB), held in Mexico City April 12-13, 2012. The purpose of the meeting was to exchange views and thoughts on the appropriate measures to strengthen the role of the FSB as the primary international organization responsible for coordinating the financial sector regulatory and supervisory policies internationally. Mexico’s Secretary of Finance and Public Credit, José Antonio Meade, gave the opening remarks of the conference. The Governor of the Bank of Mexico, Agustín Carstens, the Governor of the Bank of Canada, Mark Carney, officials and former officials from central banks and finance ministries in member countries of the FSB and G20, as well as academics and experts on financial stability and international governance contributed to the discussion. There was broad agreement on the importance of strengthening the institutional footing of the FSB and providing it with increased, ongoing financial resources as well as measures to expand the scope, effectiveness, and legitimacy of the FSB. The strengthening of the FSB is part of the G20’s agenda. Mexico holds the G20’s rotating presidency this year.

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