Iifs washington policy summit. I was last here at a similar gathering in 2011. Which was very early in the International Financial reform process. And from the iifs perspective of that time and theyve done a lot of thought and research about the issues at the time, there were three Major Concerns about that reform process. The first was whether or not the reforms were consistently implemented across the g20, secondly, what about regulatory arbitrage, particular fli shadow banking . And thirdly, whether the reform process itself would impair the recovery that was just beginning at the time. And im going to start by suggesting that those debates i would suggest have been largely settled to the positive. Theyre being consistently and properlily implemented in the g20 jurisdictions. You dont have to just take my word for that because the progress is being regularly assessed, not just about it iif and yourselves as practitioners, but by the fsb through peer review and by the imf. And in gen
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Katherine-mcgregor
Early-international
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International-financial-reform
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