No ‘compelling case’ for changing liquidity rules – BIS’s Restoy

There are other ways to promote stability, says chair of Financial Stability Institute

Fernando Restoy
Fernando Restoy
Daniel Hinge

Banking regulations such as liquidity requirements are not enough to address liquidity risks and policy-makers should consider other ways to promote financial stability, the Bank for International Settlements’ Fernando Restoy has said.

Speaking at a conference in Madrid on November 22, the chair of the BIS’s Financial Stability Institute said there was a limit to what regulations could achieve without impairing banks’ intermediation business.

Restoy mentioned last year’s run at Silicon Valley Bank

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