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Home News IMF bank levy plans will not catch hedge funds, say critics

IMF bank levy plans will not catch hedge funds, say critics

Published on 22/04/2010

A long-awaited International Monetary Fund IMF report written for the upcoming G20 talks endorsed a bank levy but cautioned against a transactions tax to fund future bailouts. Critics, however, argue that such a levy will push financial activity towards hedge funds, heightening systemic risk.