Delegates representing official and private creditors released the following joint statement after an extraordinary virtual meeting of the Paris Club and the Institute of International Finance (IIF) to discuss the Debt Service Suspension Initiative (DSSI) agreed by the G20 and the Paris Club.
"I am deeply saddened by the passing of Treasury Secretary Paul O’Neill. I had the honor of working closely with him for close to two years, including during the 9/11 terrorist attacks and challenging economic conditions, both of which tested our country not unlike today."
Institute of International Finance (IIF) issued the following statement from Tim Adams, President and CEO of the IIF, following the conclusion of the G20 Finance Ministers and Central Bank Governors Virtual Meeting.
The COVID-19 pandemic presents a tremendous challenge to policymakers around the world. The Institute of International Finance (IIF), which represents more than 450 financial firms across 70 countries, stands ready with the industry to continue supporting the overall economy and affected communities. To that end, we applaud the large scale, creative, and broad-based responses that policymakers have taken thus far in the face of this unprecedented health crisis.
The Institute of International Finance today released the following statement from IIF President and CEO Tim Adams after Geoffrey Okamoto was nominated to succeed David Lipton as First Deputy Managing Director of the International Monetary Fund.
Today, the Institute of International Finance (IIF) issued the following statement from Tim Adams, President and CEO, formally postponing the previously planned 2020 Spring Membership Meeting in Beijing, China given the uncertainty of the novel coronavirus.
IIF President and CEO, Tim Adams, issued the following statement today, following the Federal Reserve Board, Federal Deposit Insurance Corp., and Office of the Comptroller of the Currency’s proposed changes to the Volcker rule.
With a growing focus on sustainable finance, and particularly the need for a robust toolkit for climate risk management and disclosure, the Institute of International Finance (IIF) and European Banking Federation (EBF) today published the findings of a joint survey of their members.
Building on its commitment to drive positive change through its data and insight, Refinitiv has today announced the launch of the Future of Sustainable Data Alliance (The Alliance) in conjunction with the World Economic Forum, United Nations, IIF, OMFIF, Tsinghua University, ASIFMA, GFMA, Climate Bonds Initiative, FinTech4good, Everledger, Institute of Public and Environmental Affairs, Bank of Africa-BMCE, GoImpact and other founding member firms. The objective of The Alliance is to accelerate the mobilization of capital into sustainable finance. The Alliance will solve the question: What data do investors and governments need to meet the requirements of both regulators and customers for sustainable investments and products in pursuit of the 2030 Agenda.
The 2020 cohort brings together 55 high-achieving individuals with demonstrated leadership potential from 54 financial institutions around the world.
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Mary Kate Binecki
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