Result Of G20 Summit in London

The G20 pledged to raise 1,000 billion resources of the International Monetary Fund (IMF) and World Bank. According to the final communique, the leaders of both institutions will now be appointed on merit. In practice, the IMF will include tripling its capacity, with 500 billion dollars, said Gordon Brown during a press conference. These funds will consist of "new money" and by special drawing rights (SDRs) of IMF. The Fund will also be able to sell gold to finance assistance to the poorest countries. And 250 billion dollars earmarked to help finance trade to revive world trade.

* A blacklist of tax havens

"Time banking secrecy is over", has congratulated Nicolas Sarkozy during his press conference after the summit. The principle of a blacklist of countries tax non-cooperative effect has been endorsed by the G20. The OECD should publish in the coming hours the list of states that do not comply with global rules for the exchange of tax information.

A list of sanction is also provided for these spaces non-cooperative "in the declaration, they range from the increased administrative burden to the international ban on placing funds in those states. And a range of penalties must be defined by Ministers of Finance although a number are provided in the statement, "said Nicolas Sarkozy.

* From "new rules" of governance of financial markets

Furthermore, the G20 countries have agreed to implement "new rules" on wages and bonuses in the world, said British Prime Minister after the summit.

The leaders have adopted principles and penalties already exist to enforce them: "those who have risky policies bear the cost in terms of capital requirements. To be clear, the supervisors may require banks that n 'policy will not pay for reasonable bond traders in terms of increasing their capital. Again it's ever seen, "said Nicolas Sarkozy. Hedge funds and funds will also be mentored by supervisors. The activity of banks also will be monitored, including any regard to securitization activities and off-balance sheet should be more transparent. A new organization of global finance should also be created to prevent crises.