Investment Funds and Financial Stability: Policy Considerations
Author: Antonio Garcia Pascual
Publisher: International Monetary Fund
Published: 2021-09-17
Total Pages: 73
ISBN-13: 1513593951
DOWNLOAD EBOOKThe paper’s analysis underscores the importance of the ongoing Financial Stability Board-led process of identifying policy options, involving national authorities and the International Organization of Securities Commissions and other standard setters. In this context, the global nature of the investment fund business and fungibility of financial flows makes it vital to ensure consistency of global policy choices that can secure financial stability by precluding regulatory arbitrage.