Regulators must improve co-operation in monitoring shadow banks – Irish governor
Good regulation of the sector needs "better understanding of the geography of risk"
Central banks and financial regulators must "forge closer co-operation" to better regulate "shadow banking", the governor of Ireland's central bank said in a recent speech.
Regulators of shadow banking needed "a better understanding of the geography of risk", Philip Lane told the International Capital Market Association Conference in Dublin on May 19.
Improved regulator co-operation would have to be underpinned by "an improved framework for collecting, managing and sharing data" on shadow banks
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 print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
More on Financial Stability
IMF says Iceland’s path is clear to easing rates
Housing, bank supervision remain a concern and central bank independence needs safeguards
Turkey holds interest rates
Central bank leaves door open for tightening monetary policy
Food prices keep Indian inflation up – RBI
Target may only be reached in H2, central bank research says
Global supply chains undergoing “great reallocation”, expert says
Mexico is biggest winner from US trade shift, economist tells Atlanta Fed conference
Bank of England may cut rates soon – deputy governor
Pressures have faded but economy is facing second-round effects, Broadbent said
G7 may use Russian asset profits to fund Ukraine
US asks European governments to agree money should back $50 billion loan
Banks should share data on borrowers, working paper argues
Compulsory data sharing has increased credit supply, Hungarian central bank paper says
Fed green lights more capital relief trades
Five US banks authorised to issue repeat credit-linked notes backed by financial guarantees
Most read
- Profit inflation and monetary policy: weighing the evidence
- What is forecasting for? Bernanke and the future of BoE projections
- Central bank of the year: Central Bank of Brazil