Don't Falter On Post-Crisis Reforms, Carney Urges G20

Law360, London (March 17, 2017, 1:57 PM GMT) -- World leaders must push ahead with finalizing their regulatory reforms or risk breaking up financial markets and damaging growth, the head of the Financial Stability Board said Friday.

Mark Carney, who is also governor of the Bank of England, warned the Group of 20 most industrialized nations not to lose momentum in their post-2008 reforms, as their representatives gathered for a two-day summit in Germany.

“Despite … transformation, there are nascent risks that, if left unchecked, could threaten the progress made, fragmenting financial markets and ultimately...
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