RBA’s Edey calls for more debate on regulating cross-border banking
Malcolm Edey, the Reserve Bank of Australia's assistant governor for the financial system, on Thursday said the interconnectedness of the global banking industry was a topic that deserved further attention in the international regulatory agenda.
At the Basel III conference in Sydney, Edey said: "One big question that hasn't got the attention it deserves [in the international regulatory agenda] is: is there too much internationalisation in the banking industry? When we talk about banks being too
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