Carney-led FSB aims at international regulatory convergence

Mark Carney

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

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: