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Most viewed in Economics
Democracy in distressPolitical leaders seem to be structurally condemned to short-termism. |
Greece urged to reach deal with bondholdersLatest private-sector involvement plan deemed unacceptable; former European Commission president to head up bail-out fund's investment arm. |
Denmark 'plans to sign up to fiscal treaty'Danish finance minister says negotiations are continuing but there are areas of concern. |
Forthcoming G20 meetings:
Finance ministers and central bank governors – November
Leaders – June 2010 (Canada), November 2010 (South Korea), 2011 (France)
Tasks:
Publication of a new blacklist of tax havens – by February 2010
Apply sanctions against tax havens – from March 2010
Financial Stability Board to propose possible reforms to prudential requirements for “systemically important institutions” – by end October 2010
Develop internationally agreed rules to improve the quantity and quality of bank capital and discourage excessive leverage – end 2010
Develop an international framework for large banks' insolvency procedures – by end 2010
Complete the World Trade Organization's Doha Development Round – by end 2010
Complete review of quotas at the International Monetary Fund – by January 2011.
Creation of a single set of global accounting standards – by June 2011
All standardised over-the-counter derivative contracts to be traded on exchanges - by end 2012
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