IMF's Carstens on opportunities and challenges

In the speech 'Opportunities and challenges for banks and supervisors in an Internationalized Financial System' given on 4 October Agustin Carstens of the IMF said Latin American governments must better supervise banks to avoid future crises and take advantage of a strong global financial system.

"In many countries capital adequacy rules do not meet international standards, due to inappropriate risk weights or capital components, or the lack of consolidated supervision," the deputy managing

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