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The G-7 Finance Ministers and Central Bank Governors, the IMF and the World Bank will meet in
Secretary Paulson has asked the Financial Stability Forum, under the leadership Mario Draghi, to form a working group to look at the underlying causes of the turbulence and offer proposals in the areas of risk management, the accounting and valuation of financial derivatives, the role and methodologies of credit rating agencies in structured finance, and basic supervisory principles of prudential oversight of regulated financial entities.
A final report of the FSF is expected in April 2008.