Noyer wants tailored approach to shadow bank regulation
Banque de France governor highlights risks of ‘one size fits all’ approach
A "one size fits all" approach to the regulation of shadow banking could lead to "unintended adverse consequences", Banque de France governor Christian Noyer said today (September 28).
Noyer told an audience at a conference run by the French Prudential Supervisory Authority that the shadow banking sector is much more complex than the conventional banking sector, while there are a range of differences across different institutions.
"Indeed, entities such as insurance companies, CCPs, asset
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