IMF chief says momentum, cooperation are needed in financial reforms

04/12/2010 | Wall Street Journal, The

Dominique Strauss-Kahn, managing director of the International Monetary Fund, urged policymakers and other officials to maintain momentum in the overhaul of financial regulation and reiterated the need for international cooperation and coordination. "Many countries are approaching ... big-picture reforms from different directions and at different speeds," Strauss-Kahn said. "This presents a great risk of uncoordinated policies, distorted capital flows and regulatory arbitrage."

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