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World

IMF's Georgieva says regulators must watch risk from non-banks, cyberattacks and fraud

  • IMF and World Bank's annual meetings in Bangkok this week were marked by both optimism and worry
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IMF chief Kristalina Georgieva said on Saturday that regulators and supervisors must be alert to risks from non-bank institutions, cyberattacks and fraud.

Georgieva told a press conference that the IMF and World Bank’s annual meetings in Bangkok this week were marked by both optimism and worry.

Finance minister interacts with World Bank President Ajay Banga in Bangkok

Central banks should be laser-focused on preserving price stability, and IMF members discussed cracks in economic resilience as energy and fiscal buffers are being depleted, Georgieva said.

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