G-20 reportedly plans soft stance on shadow banking

08/26/2013 | CNBC

Leaders are not expected to take a strict approach to regulating shadow banking when they meet next month for a Group of 20 summit in Russia. "The shadow-banking reform is more about not getting into trouble in the future, so they can take a bit more time," said Alistair Milne, a former official at the Bank of England. Officials are concerned that major changes to shadow-banking regulation would choke off liquidity, sources say.

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