G20 warned over reforms

PARIS - Banks, bonuses tax havens and under-regulation caused the financial crisis and are the keys to reform. Not so, the OECD warns, as the G20 takes steps in such areas.

PARIS - Banks, bonuses tax havens and under-regulation caused the financial crisis and are the keys to reform. Not so, the OECD warns, as the G20 takes steps in such areas.

Compromises on action to deal with symptoms, rather than action on real causes could even end up doing more harm than good, the OECD said in a report. - AFP

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