October 16, 2010World's Central Bankers Will Attend Shanghai Meetings Next Week, IMF Says
Central bankers and other officials will meet at a previously scheduled conference in Shanghai on Oct. 18, the International Monetary Fund said today.
The IMF said in a statement in Washington that it will sponsor the conference with representatives from Asia, Africa, Europe, North America and South America.
The IMF said the topic is “Macro-Prudential Policies: Asian Perspectives” and that the People’s Bank of China will host the conference.
“The conference is part of the ongoing international examination of the policy challenges posed by the global financial crisis,” according to the IMF statement. It said Chinese central bank Governor Zhou Xiaochuan and IMF Managing Director Dominique Strauss-Kahn will be co-chairmen of the event.
Federal Reserve Governor Kevin Warsh will be among those attending the meeting. Bank of Japan Deputy Governor Kiyohiko Nishimura will attend the event, the Japanese central bank said.
The European Central Bank, the Bank of England and the Bank of Canada said none of their policy makers are scheduled to go.
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IMF to hold central bank governors conf. in Shanghai Oct. 18
10/15/2010
WASHINGTON, Oct 15 (KUNA) -- The International Monetary Fund (IMF) will sponsor a high-level conference in Shanghai on October 18 which will be hosted by China to discuss the global financial crisis, the Fund announced here Friday.
The IMF said in a statement that the conference on "Macro-Prudential Policies: Asian Perspectives," will be held with the participation of central bank governors and other officials from Asia, Africa, Europe, and North and South America.
It indicated that the conference "comes soon after leading financial officials met in Washington, D.C., at the IMF-World Bank Annual Meetings to discuss measures to strengthen the global economy and financial system".
It also follows an IMF-sponsored gathering in South Korea of Asian policymakers and opinion leaders in July, at which the Fund committed to forging a new relationship with the region, it added.
According to the IMF, the Shanghai conference will be co-chaired by the PBC Governor, Zhou Xiaochuan, and IMF Managing Director Dominique Strauss-Kahn.
"The conference is part of the ongoing international examination of the policy challenges posed by the global financial crisis," it affirmed.
It noted that the conference aims "to advance the discussion on incorporating macro-prudential instruments into the broader policy architecture to help ensure financial stability".
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