BoE’s Breeden plots route to ‘third phase’ of global banking regulation

bank-of-england-web
The Bank of England

Global banking regulation is inching towards a “third phase”, where regulators co-operate fully with one another, according to Sarah Breeden, the Bank of England’s acting executive director for international banks.

In a speech given at the Harvard Law School on March 22, Breeden argued pre-crisis banking regulation had been fragmented, with regulators focused on local risks and often oblivious to the risks domestic banks were taking overseas. This moved to “balkanisation” after 2008, she said

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.