| Most supranationals and agencies have been in place for about 50 years and are a key part of the world’s financial infrastructure. They are still getting bigger and their lending has a profound impact on the commercial sector. But they are not governed by the same rules as commercial banks and their proper role is a matter of debate. |
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MUCH OF THE argument over the new banking regulatory regimes initiated in the past few years has centred on ensuring a level playing field.
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