Central banks should regulate financial system: CentralBanking.com poll

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Responsibility for regulating financial firms should be given to central banks, the majority of respondents to a CentralBanking.com poll have said.

Fifty-eight percent of those who voted in the poll, which went live on 27 August, thought central banks should not only be responsible for regulating banks, but also other financial firms, such as insurers, brokers and hedge funds. The second largest share of the votes, accounting for 26%, said central banks should simply regulate only banks. A

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