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World summit to close gaps in finance market rules

Posted : Fri, 14 Nov 2008 23:18:15 GMT
Author : DPA
Category : US (Business)
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Washington - The leading economic powers of the world intend to close the regulatory gaps in monitoring world finance markets. Agreement on this principal is one of the central points of a joint agreement to be released Saturday by leaders of the G20 countries, according to information obtained by Deutsche Presse- Agentur dpa.

Agreement on the regulatory issue was reached by negotiators from the world's 20 most important industrial and emerging economies who met in the lead-up to Saturday's summit.

The document is to be discussed and adopted in the course of Saturday in Washington.

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