Jacques de Larosière
Jacques de Larosière is a former managing director of the International Monetary Fund, a former governor of Banque de France and former president of the European Bank for Reconstruction and Development. He was chairman of The High-Level Group on Financial Supervision in the EU in 2009. De Larosière has also held numerous other positions in the public and private sectors.
The pendulum has swung firmly in favour of financial services regulatory reform. But economic growth is likely to suffer – particularly in Europe – unless some of the rules are changed
The regime we have is far from perfect. But regulatory oversight can go some way towards countering its flaws, Jacques de Larosière believes
A near-term focus dominated policy, regulation, accounting standards and governance in the run up to the crisis. It cannot last, writes Jacques de Larosière.