By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The International Organisation of Securities Commissions (IOSCO) Tuesday said it will establish supervisory colleges for international active credit rating agencies (CRAs) This is coming on the heels of the publishing of the final report on Supervisory Colleges for Credit Rating Agencies, IOSCO said apart from […]
Tag: G20
Lagarde Reiterates Continuous Recession in Euro Area
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)- Christine Lagarde, Managing Director (MD) of the International Monetary Fund (IMF), has reiterated continuous recession in Euro Area. This is coming on the heels of the conclusion of the Group of 20 Finance Ministers and Central Bank Governors meeting in Moscow. According […]
G20 task force to study Libor reform
The agency that sets rules for global banks will establish a task force to look at reform of Libor after a scandal in which three banks were fined for rigging the global interest rate benchmark. The Financial Stability Board, set up by the G20, will report back next year on […]
