Friday, October 13, 2006

IMF: Latin America needs improved bank supervision

A senior official with the International Monetary Fund advised Latin American governments to do a better job overseeing their banks in order to avoid future problems. “Now is the time to ensure that supervisors can do their jobs without undue constraint or interference” said the deputy managing director of the IMF at a conference last week.

Links- Reuters

Image- costaricatropics.com (Central Bank of Costa Rica)

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