Global: IMF's approach to financial regulation 'behind the curve'

While the IMF’s strategic plan for boosting its financial sector surveillance has not been published, the Fund continues to argue that developing countries need more liberal financial systems. Since the financial crisis, the IMF has been trying to boost its work on overseeing risks from the world’s financial system. The IMF’s strategic plan for financial sector surveillance was due to be discussed at the executive board in February, but neither a date for the actual discussion nor any policy papers were released publicly.