New York FX Committee Reflects On Crisis Planning In 1998 Report

REGULATORS

NEW YORK--The New York Foreign Exchange Committee (NYFXC) published its 20th annual report last month, reviewing work that was carried out during 1998 and outlining plans for the year ahead.

Last year's activity was dominated by events in the Far East and Russia and efforts to develop a global network of FX regulators to establish channels for crisis management, says former chairman John Finigan, in the report.

The imposition of currency controls on September 1 by Bank Negara, the Malaysian

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