Globalization Of Financial Market

Globalization Of Financial Market

Globalization Of Financial Market

Reporting on progress following the April G-20 meeting, Hans Hoogervorst, the co-chairman of the Financial Crisis Advisory Group (FCAG), warned in a Letter to G-20 Leaders of April 29, addressed to UK Prime Minister Gordon Brown, head of the G-20 nations, additional work on other issues would lead to delays.

The FCAG, which was established in January in response to the global financial crisis, is made up of 18 leading financial experts and jointly chaired by Hoogervorst, who is the chairman of the Netherlands Authority for the Financial Markets, and Harvey Goldschmid, former commissioner of USA's Securities and Exchange Commission (SEC).