Trichet on developing the work and tools of CEIOPS

In the speech 'Developing the work and tools of CEIOPS: the views of the ECB' given on 16 November Jean-Claude Trichet of the ECB warned that pension funds and insurers could be sources of vulnerabilities that could spread "contagion" in the wider financial system.

Trichet, speaking at the CEIOPS (Committee of European Insurance and Occupational Pensions Supervisors) conference in Frankfurt, pointed out that pension funds and insurers might be "sources of vulnerabilities through their increased

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