Participants discuss bank regulations and state of the world economy

1. Wide shot of media waiting 2. SOUNDBITE: (French) Dominique Strauss-Kahn, IMF (International Monetary Fund) Managing Director: "As far as the reform of the financial sector is concerned, we must accelerate and go further, not just for the banks, but also the rest of the financial sector. We have proposed a method of taxing the financial system, so to make it contribute to the risks being taken collectivity." 3. Wide shot of French Finance Minister Christine Lagarde arriving towards the cameras 4. SOUNDBITE: (French) Christine Lagarde, French Finance Minister, answering question about economic outlook: "Growth everywhere, certainly much stronger in the emerging countries. China''s path has been obvious in this domain, and growth in Europe of course much more fragile, with France emerging a little stronger than others." 5. Various shots of European Central Bank Head Jean Claude Trichet talking to officials 6. Various shots of Governor of the Canadian National Bank talking to officials 7. SOUNDBITE: (German) Josef Ackermann, CEO Deutsche Bank AG: "No, it (regulation) is not going too far yet. We are still trying to find the structures and we will make decisions on its extent later. In the meantime, we are still studying the potential effects." 8. SOUNDBITE: (English) Montek Singh Ahluwalia, Planning Commission Deputy Chairman "Well, I think that is an issue. I don''t mean so much over-regulation, I''m really concerned - is it really a level playing field? And we are concerned that in the guise regulation there shouldn''t be financial protection. Definitely there will be some deal averaging, as long as it''s not a built-in bias against developing countries - we don''t have problem." 9. Woman posing with Zakumi, the official 2010 World Cup mascot STORYLINE: International Monetary Fund chief Dominique Strauss-Kahn on Saturday said that financial sector reforms should be bold but handled in close cooperation so that no countries suffer as a result. Speaking at the World Economic Forum in Davos he said: "as far as the reform of the financial sector is concerned, we must accelerate and go further, not just for the banks, but also the rest of the financial sector. We have proposed a method of taxing the financial system, so to make it contribute to the risks being taken collectivity." It''s hoped tighter regulation of the financial sector could in turn stimulate overall economic confidence. But Indian Planning commission chief Montek S Ahluwaliha was concerned to ensure a level playing field was created and that regulation should not mean financial protection and it did not squeeze developing countries. The IMF chief and the Indian official spoke following a Davos debate on the global economic outlook from which French Finance Minister Christine Lagarde emerged in confident mood to speak about "growth everywhere, certainly much stronger in the emerging countries." China''s path, she said,"has been obvious in this domain, growth in Europe of course (is)much more fragile, France (is) doing a bit better then others." You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/1a17339c6a6f19d56a1c48117ddf3fd1 Find out more about AP Archive: http://www.aparchive.com/HowWeWork