G-7 Finance Ministers and Central Bank Governors Encourage Regulatory and Enforcement Initiatives

On February 22, 2001, the meeting among the Finance Ministers of the G7 countries, the Central Bank Governors of Canada, Japan, the U.S., the U.K., the President of the Euro-group, and the President of the European Central Bank met in Palerno with the Managing Director of the International Monetary Fund to review recent developments in the world economy and maintaining progress on strengthening the international financial architecture and related matters and combating abuses of the global financial system…[more]