G20 Communiqué: Commodity prices face increasing pressures
15 April 2011
G20 Finance Ministers and Central Bank Governors stressed the need for participants on commodity derivatives markets to be subject to appropriate regulation and supervision. They also called for enhanced transparency in both cash and derivatives markets, as previously recommended by IOSCO.
G20 Finance Ministers and Central Bank Governors met in Washington DC on 14-15 April 2011 and discussed the following key issues:
• The international monetary system;
• Commodity prices face increasing pressures;
• The FSB’s proposal to strengthen its capacity, resources and governance;
• To maintain momentum for action to tackle non-cooperative jurisdictions, and to implement the G20 anti-corruption action plan fully.
© G-20
