IBFed writes to G20 - 19/10/11

19 Oct 2011

IBFed wrote to a number of senior figures ahead of the G20 summit to be held in Cannes in November.
While welcoming the focus of the G20 on the reform of the financial markets and the ongoing commitment to delivering coordinated solutions, we urged the G20 leaders to identify their priorities and agree to the implementation of these in a coordinated, consistent and deliverable manner. We see the priorities as being the measures to: (1) identify the appropriate levels and quality of bank capital; (2) improve the quality and consistency of cross-border supervision; (3) deliver credible coordination with regard to the orderly resolution of financial institutions; and (4) enhance the resilience of financial markets.
The IBFed letter is available here.