“There has to be regulation. This has to be applied and agreed upon ... at a global level because if there is an escape that escape will be used,”
Banks starting to panic, an escape from their system cannot exist!
Christine Lagarde doesn't exactly have squeeky clean background:
Neither does the European Central Bank, the largest money laundering scandle in history happened under their watch:
https://en.m.wikipedia.org/wiki/Danske_Bank_money_laundering_scandal