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Wednesday, April 18, 2018
Strengthening international financial regulatory coordination and cooperation a top priority
ANBOUND

Even with the rapid development of the global financial industry, coordination and cooperation in international financial supervision is still one of the areas that needs to be deepened. According to media reports, the annual global financial regulatory differences have caused losses of up to US$ 780 billion. The result was found in a survey of more than 250 financial services executives. In fact, the loss caused by regulatory rules goes far beyond that. To this end, some experts said that in the post-crisis era, strengthening international financial regulatory coordination and cooperation is still a top priority.

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