WSBI/ESBG message to the G20 Leaders Summit

10 October 2011

WSBI/ESBG call the attention of G20 members to key concerns, and highlight some proposals regarding in particular the regulatory, supervisory and prudential framework for the banking sector, financial consumer protection, microfinance, and the international accounting standards.

At the 3/4 November 2011 Cannes Summit, important decisions will be made to tackle the root causes of the crisis and to strengthen financial regulation.

The WSBI/ESBG’s overall objective is to avoid the international banking framework being detrimental to some banking institutions – such as savings and socially committed retail banks - and market practices that actually contribute to stabilising the markets and supporting the real economy.

Full message

© ESBG