Washington D.C., November 2, 2011 — On the eve of the Group of 20 Summit in Cannes, France, the IIF’s managing Director, Charles Dallara wrote to the leaders to highlight the Institute’s perspectives on a series of critical issues. He noted that the IIF believes that the Summit “should focus squarely on setting out strong, convincing measures to revitalize growth.”

The Policy Letter highlights critical recent agreements and developments in the Euro Area, including the decisions taken in Brussels last week on Greece. The letter emphasizes the importance of a balanced approach to financial regulatory reform and stresses the importance of the G-20 taking actions that can ensure that the banking sector can play its full role in contributing to economic recovery and growth. The Letter also touches upon critical concerns in the European and U.S. economies and notes the importance of preparing for the next Summit to be held in Mexico in mid-2012.