Mark Carney, governor of the Bank of England and chairman of the Basel-based Financial Stability Board (FSB), yesterday hinted he hoped national standards on bank regulation would shift closer towards international alignment.
Divergent standards on bank capital between the world's biggest economies has been in the spotlight again over the last week, with Federal Reserve governor Daniel Tarullo on Sunday rejecting charges that the US is to blame for a ‘Balkanisation' of international regulations
- Fintech in the ‘new era’ – Sustainable and sound development
- China’s macroeconomy in the ‘new era’ of politics and power
- A route to economic growth – The Belt and Road Initiative 2018 survey
- Policymakers should act now to prevent next crisis – IMF panellists
- ‘Regulatory equivalence’ not enough for post-Brexit UK CCPs – Cœuré