The recommendations cover the following areas: the bank capital framework, bank loan loss provisions, and leverage and valuation.
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The objective of financial crisis management is to seek to prevent serious domestic or international financial instability that would have an adverse impact on the real
economy.
Prepared remarks by Mario Draghi, Chairman of the Financial Stability Forum at the conclusion of London Summit on 2 April 2009.
The objective of financial crisis management is to seek to prevent serious domestic or international financial instability that would have an adverse impact on the real economy. In so doing, authorities will be mindful of the impact interventions may have on the public purse and will, as far as possible: maintain incentives for financial institutions […]
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