Newsletter October 2010: Carry on reforming – and quickly – urges IMF

WASHINGTON – Although policymakers have agreed important regulatory reforms, much still needs to be done, and the sooner the better, says the International Monetary Fund, (IMF), the Washington multilateral agency that monitors global economic and financial conditions. Policymakers cannot afford to relax their efforts to reduce refinancing risks, strengthen balance sheets, and reform regulatory frameworks, the agency says in its twice-yearly Global Financial Stability Report, (GFSR)* released in early October.