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Subjects / Resolution and Recovery

Email News Service July 09: Systemic risk law sent to Congress as bankers urge consistent global approach

Simon Turmaine | July 21, 2009

WASHINGTON, July 22 (Global Risk Regulator) – As the US administration today sent legislation to Congress that would create a systemic risk regulator for the nation’s financial sector, leading global banks are expected tomorrow to urge the need for consistent international approaches if global efforts to reform regulation aren’t to fragment.

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