Regulators push back at complaints of fatigue
Bulk of regulation is complete and focus is shifting to consistency
Regulators from international standard-setting bodies pushed back at industry complaints of "regulatory fatigue" today (October 22), during a conference in London.
Bill Coen, the secretary-general of the Basel Committee on Banking Supervision, said he thought the committee had broadly achieved the right balance of regulation. "On the quantitative side, we do a tremendous amount of analysis to make sure we are fully aware of the consequences," he said.
If banks – and indeed regulators – are
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