BoE executive director slates complex regulation

andrew-haldane

Andrew Haldane, the executive director of financial stability at the Bank of England (BoE), today (August 31) warned overly complex regulations being pushed through to manage financial systems could end in "catastrophe".

Speaking at the Federal Reserve Bank of Kansas City's 36th annual economic policy symposium in Jackson Hole, Haldane criticised the US's Dodd-Frank Act of 2010 for featuring hundreds of pieces of detailed regulation.

"Once completed, Dodd-Frank could comprise 30,000 pages of rul

To continue reading...

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 indvidual account here: