IMF chief says G-20 needs to strengthen financial oversight:

11/1/2010 | Reuters

Dominique Strauss-Kahn, head of the International Monetary Fund, said the Group of 20 nations need to do more to enhance global oversight of the financial sector. Strauss-Kahn's comments come as leaders from the G-20 are poised to meet on 11 and 12 November in South Korea. "The G-20 heads of state who met in London, Pittsburgh, Toronto and shortly in South Korea said strongly and loudly for the population of the world to hear them: They will fix [the financial sector]," Strauss-Kahn said. "The reality is unfortunately more complex than this. The most difficult part in the field of regulation has been done."

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