Wellink on global banking supervision

In the speech 'Global banking supervision in a changing financial environment' given on 4 October Nout Wellink of the Netherlands Bank and Chairman of the Basel Committee on Banking Supervision said as an important guiding principle for future supervisory areas of focus, we need to ensure that the scope and scale of any work we undertake is commensurate with the risks we seek to address.

"The realities of today's banking industry and financial markets argue for more measured and flexible

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