IMF Chief: Monitor non-bank risks and cyber threats

Kristalina Georgieva, the Managing Director of the International Monetary Fund, stated on Sunday the need for regulators and supervisory authorities to be fully aware of the risks that may arise from non-bank institutions. This is part of efforts to enhance global financial stability. She also emphasized the importance of establishing effective rules and procedures to monitor these institutions in order to prevent financial crises, especially as their activities and influence on markets continue to grow.

Size: 120%Text Size

Notice: This Is an AI-Generated Summary

Display The Full Article