Speech by T Padoa-Schioppa of the ECB, 20 May

SPEECH - In a speech titled 'Self vs. public discipline in the financial field' and made on 20 May (but only just published) Padoa-Schioppa discussed the evolution of the methods of financial regulation towards using industry standards and process-oriented regulatory tools as alternatives to simple, unequivocal legal rules.

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Lecture by Tommaso Padoa-Schioppa, Member of the Executive Board of the European Central Bank

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