ECB’s González-Páramo urges risk framework overhaul
José Manuel González-Páramo, a member of the executive board at the European Central Bank, on Thursday called for central banks' to lead by example and reform risk-control frameworks.
At the 3rd Annual Risk and Return Russia Conference, in Moscow, Russia, González-Páramo said: "Individual institutions and the financial industry as a whole are learning from experience and are now developing a resilient risk-management framework for the future. This framework should be built following some guiding
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