International financial institutions such as the International Monetary Fund (IMF) have taken initiatives in this area. Some authorities have already put in place mechanisms to collect information to monitor capital flows by source countries and types of investors.
However, the IMF has suggested that, given the severity of the current credit crisis in the US and notwithstanding the comprehensive monetary and fiscal policy steps already announced by their authorities, additional public funds might be needed to rescue the U.S. financial system in this instance.