KENAPA PERLU TOLAK DAP & PAKATAN HARAPAN?
7 minutes ago
Justeru, Ketua Pemuda PAS Malaysia, Nasrudin Hassan (gambar)menegaskan tidak layak bagi mana-mana pemimpin atau ahli parti mempertikai konsep yang telah diijmakkan melalui satu majlis pemesyuaratan yang besar seperti muktamar tahunan yang sah, sementara kritikan membina dan pandangan tambah nilai adalah senantiasa dialu-alukan.
6. Another significant step is the recent emphasis by the IMF Managing Director on the importance of peer pressure to ensure that countries adopt appropriate policies. In the ASEAN region, we have finalised a framework to facilitate effective consultations and discussions. In this regard, I would like to propose two initiatives to promote greater cooperation in order to facilitate further liberalisation and integration of financial markets while avoiding any destabilising consequences.
Firstly, work on the SDDS must be expanded to enhance transparency of the activities of all market players. For example, the Fund could promote international coordination in the supervision of financial markets through the establishment of a global trade information system for foreign exchange markets to allow authorities to monitor trading activities in the global market-place; and
Secondly, the Fund could devise a framework to enable countries to adapt and cope more effectively with market excesses associated with destabilising capital flows. It is not sufficient that only member countries abide by Fund advice and observe "international rules". Similar rules should also be designed to encourage capital 3 market participants to contribute towards the efficient functioning of the market mechanism. This framework could include rules and principles on ethical and professional standards, stronger disclosure requirements, and regular contacts between the managers of leveraged funds and banking supervisors. This framework should be facilitated by agreement on the provision of information on leveraged fund activities and arrangements for the home country supervisors to share information with the host country supervisors on the activities of these funds.
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