Regulators worldwide should develop new policies to tackle the risks exposed by the “dash-for-cash period” of March 2020, the Bank of England’s Jonathan Hall said on May 19.

Hall, a member of the financial policy committee, noted markets had “recovered strongly” from the intense period of stress, when investors rushed to sell assets and acquire dollar cash. “However, despite the broadly positive backdrop there have been a number of isolated incidents which indicate that the highlighted