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Call to maintain risk management standards

Delegates at the IIF meeting were urged not to allow best practice to slip in the face of increasing investor appetite. Neil Tyler reports .
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This year’s Institute of International Finance (IIF) meeting was held in Athens, a city steeped in history and myth but now a vibrant and modern metropolis. Wandering the streets of Plaka or Psyrri you will find the Parthenon looming large over the city, and in a similar vein this year’s meeting of the IIF was dominated by talk of the need for global financial market stability.

More than 500 leading financiers and economic policymakers were in attendance to discuss the world’s economy. Speakers ranged from central bank governors, such as Durmus Yilmas, governor of the Central Bank of the Republic of Turkey and Mugur Isarescu, the governor of the National Bank of Romania, to politicians such as the prime minister of Greece, Konstantinos A Karamanlis and Hungary’s premier Ferenc Gyurcscany.

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