Ingves on regional financial sector assessments

In the speech 'Can regional financial sector assessments provide additional values to the EU countries?' given on 13 June Stefan Ingves of the Sveriges Riksbank said the whole FSAP process was created to meet a specific purpose: to reduce the incidence of financial sector problems.

"It is as yet too early to prove whether this goal has been met. It is a fact that there have been fewer cases of major financial crises since 1999, when the FSAPs started, but this might also be attributed to the fact

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