IMF's Lagarde calls for faster reform of financial system

01/18/2013 | Washington Post, The

International Monetary Fund Managing Director Christine Lagarde said she fears that the momentum of efforts to reform the global financial system is waning and called for faster action to prevent a "relapse" into crisis. She said she is concerned that some rules aimed at making the financial system stronger are being "softened at the margins" in response to opposition from banks.

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