BoE’s Fisher: markets uncertain over new regulation
Paul Fisher, the executive director of markets at the Bank of England, on Wednesday said the redesign of the regulatory framework in the UK had created uncertainty among financial market participants, but that ultimately it would strengthen the financial system.
At the Institutional Investor Institute in Bedfordshire, UK, Fisher said: "The financial crisis exposed a need to not just strengthen but completely redesign aspects of financial regulation, to try to find a solution to the too-big-to
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