No ‘compelling case’ for changing liquidity rules – BIS’s Restoy
There are other ways to promote stability, says chair of Financial Stability Institute
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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