A stable, efficient financial system is a cornerstone of a healthy and dynamic economy. Policy-makers are currently at an important stage in multilateral discussions about fundamental reform of the financial sector.
The core of the G-20 reform proposals is aimed at:   increasing the amount and quality of bank capital;    introducing complementary leverage caps;    increasing levels of liquidity;    mitigating procyclicality;    improving over-the-counter derivatives markets; and    developing internationally consistent contingency and resolution plans for systemically important institutions.