Central Bankers Urge Move From Stimulus to Reform Posted on June 29, 2009June 29, 2009 by Your Financial FactSheet Klapper – BASEL, Switzerland (AP): “Central bankers urge move from stimulus to reform” The Bank for International Settlements urged governments Monday to move away from “staggering” stimulus packages as the global economy stabilizes and focus instead on reforming the international financial system. Francis – BusinessWeek: “Financial Regulation: Industry Objections Increasing” It wasn’t so long ago—against the backdrop of the financial crisis and its aftershocks, amid a tide of popular anger—that financial-industry representatives took pains to acknowledge the need for financial reform, even in their own corners of the sector.