Chief of IOM Financial Services Commission says IMF Report does address the KSFIOM affair

Posted 30/01/2009 - 14:26 by Lucky Jim

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Extract quote from IOMToday:

'The report has not yet been formally received. The final report will refer to and reflect on the Kaupthing situation.

He (John Aspen) explained the report looked at day-to-day regulation but also other issues of financial stability 'on which a lot of discussion has still to take place'.

'The report stands on its own,' he added.

Mr Aspden said the comments on the handling of the Kaupthing affair were neither positive nor negative as the matter was still before the court