GERMANY - Governments should not react with 'knee-jerk' regulation to soothe public anger over accounting scandals, such as Enron and World Com, and should instead take a more considered, coordinated approach, the head of the BIS said in a newspaper on Wednesday.
Bank for International Settlements General Manager Andrew Crockett also told the Financial Times a world economic recovery was picking up steam and adjustments in the U.S. current account deficit and dollar were inevitable and could h
- Making the rules and breaking the mould (Allan Meltzer: 1928–2017)
- Commission should have power to order CCPs to relocate to EU – Cœuré
- Asset purchase programme is key to central bank credibility – ECB paper
- BoE’s Haldane examines changing nature of work
- Indonesian banks will switch to reserves averaging in July
Back to Top